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.
The pair’s latest move lower came on Wednesday after the Fed increased its benchmark interest rate to the 3.75% to 4.00% range and flagged increasing borrowing costs in the months ahead as the central bank attempts to combat persistent inflationary pressures...
MXN/JPY holds near 9.00 support ahead of the Bank of Japan decision as Mexico’s rate advantage, oil exports, and 200-day EMA support favor the peso.
CAD/JPY remains rangebound ahead of the Bank of Japan decision as oil-market support, yen sensitivity, and key levels at ¥110.50 and ¥112 guide sentiment.
USD/CHF pulls back after the Fed’s hawkish hike, but rising 50-day and 200-day EMAs, US rate advantage, and SNB zero-rate policy support the bullish setup.
GBP/JPY falls after the Bank of England holds rates, with traders watching ¥206 support, BoJ guidance, yen intervention risk, and the carry trade outlook.
EUR/CHF remains supported above 0.94 as the SNB’s zero-rate policy, positive carry trade demand, and euro rate advantage keep pullbacks attractive.
AUD/CAD breaks above 0.9950 as RBA rate-hike expectations, a wide Australia-Canada rate gap, lower oil prices, and 50-day EMA support favor Aussie buyers.
The past week marks a turn. After a month in which Cardano climbed about 14%, the move has reversed, with price down more than 6% over the past seven days.
The highs achieved yesterday in the USD/BRL produced a reversal lower in the later hours signaling that financial institutions clearly thought the currency pair had been overbought leading up to the Fed drama.
The immediate change came from the Federal Reserve’s latest communication. Although the interest-rate increase itself had been widely anticipated, the accompanying tone was more hawkish than many participants expected.
Platinum stabilizes as the US 10-year yield slips below 5%, with traders watching Fed guidance, flat EMAs, silver correlation, and a possible breakout above $1,826.
Copper tests the 50-day EMA as supply constraints, electrification demand, data-center growth, tariff uncertainty, and Fed-driven dollar moves support the bullish setup.
Why USD/INR’s Move Above 96.00 Is Losing Momentum
EUR/USD Signal: Can Bulls Break 1.1487 After Fed?
NZD/USD remains under pressure as Fed guidance, rate differentials, dovish RBNZ expectations, and oil-shock risks keep rallies capped near 0.58.
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