EUR/USD trades with a bullish bias ahead of key Eurozone inflation data, supported by rising European bond yields and softening U.S. rate expectations, with a breakout toward 1.18 in sight.
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.
Most Recent
Gold continues its strong bullish trend, trading near $4200 amid USD weakness and rising rate cut expectations, with technical signals pointing to a potential breakout toward record highs.
NZD/USD extends its recovery to 0.57740, gaining momentum on broad USD weakness, but with U.S. inflation data and Fed decisions ahead, near-term volatility and possible reversals remain key risks.
Top Forex Brokers
USD/MYR continues its sharp decline, hitting long-term lows near 4.1100 as broad USD weakness and expectations of a Fed rate cut pressure the pair, with potential to test the 4.1000 level.
Toncoin (TON) continues to trade sideways after weeks of corrective pressure, holding around $1.63 as of today. Following a steep multi-month drawdown, the market is watching closely for early signs of strength.
The Nasdaq 100 continues to show bullish momentum, with seasonal trends and dip-buying behavior supporting a move toward key resistance and potentially new highs.
Meta trades quietly despite broader market volatility, as it attempts to rebound from an earnings miss and death cross, with resistance at the 200-day EMA and $650 proving pivotal for further upside.
The Australian dollar climbed against the US dollar, but key resistance near 0.66–0.67 and an upcoming Fed decision suggest limited upside amid continued range-bound trading.
The British pound rallies sharply against the US dollar, but with Fed decisions looming and sentiment shifting, traders face heightened volatility and an unclear longer-term trend.
Bonuses & Promotions
EUR/CHF continues to test resistance at the 200-day EMA, with dip-buying favored amid supportive Swiss National Bank signals and a firm floor near 0.92.
High valuations, margin pressures, uncertain macroeconomic conditions, and rising competition raise concerns. Will the correction extend for Autodesk?
Excessive valuations, a weakening labor market, and a lackluster growth outlook wear a bearish uniform. Another shoe to drop for Cintas?
USD/CAD hovers between key EMAs as momentum indicators suggest a near-term bounce, with upcoming employment and inflation data likely to drive short-term volatility.
EUR/GBP tests key support at 0.8750 amid selling pressure, with a bounce toward 0.88 possible—but a breakdown below 0.87 could signal a deeper bearish move.
EUR/USD continues drifting higher but faces resistance, with traders awaiting next week’s FOMC decision for clearer direction amid diverging U.S.-Eurozone economic outlooks.