The following are the most recent pieces of Forex technical analysis from around the world. The Forex technical analysis below covers the various currencies on the market and the most recent trends, technical indicators, as well as resistance and support levels.
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The WTI market fell again during the session on Tuesday, as we broke below the $30 level. The natural gas markets fell drastically as well, slicing through the $2 level.
The EUR/USD pair went back and forth during the course of the session on Tuesday, and as a result it looks as if the market is going to struggle to go a little bit higher here. The GBP/USD pair had a volatile session as well, and as a result we ended up forming a hammer.
The USD/JPY pair initially tried to rally during the day on Tuesday but turned back around to form a fairly negative candle as we sold off significantly. The AUD/USD pair fell significantly during the course of the day on Tuesday, but we believe that the 0.70 level below will more than likely be supportive.
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Gold prices rose slightly on Tuesday closed the day at $1128.78 an ounce.
Get the NZD/USD Forex Signal for February 2, 2016.
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Get the AUD/USD Forex Signal for February 2, 2016.
Get the USD/JPY Forex Signal for February 2, 2016.
Get the USD/CAD Forex Signal for February 2, 2016.
Get the USD/CHF Forex Signal for February 2, 2016.
Get the GBP/USD Forex Signal for February 2, 2016.
Get the EUR/USD Forex Signal for February 2, 2016.