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.
On Tuesday and Wednesday of this week the USD/ILS challenged mid-term highs, and as of this morning although slightly below the upper part of its near-term values the currency pair is near 2.98270.
USD/MYR remains volatile as broad US Dollar strength, global risk sentiment, and stronger Malaysian economic data drive choppy price action.
GBP/USD: Hanging in the Balance?
AUD/USD remains bearish after breaking key support as US Dollar strength, softer Australian inflation, and upcoming US PCE data weigh on the pair.
Bitcoin slips below $60,000 as ETF outflows, Strategy concerns, and US Dollar strength weigh on BTC/USD despite a possible double-bottom setup.
EUR/USD remains bearish as falling oil prices ease ECB pressure, while US Dollar strength and Fed rate expectations keep sellers in control.
EUR/CHF finds support near 0.92 as risk sentiment, the 200-day EMA, and an ascending triangle setup keep the bullish outlook alive.
NZD/USD remains under heavy bearish pressure as US Dollar strength, weak risk sentiment, and technical breakdown signals push the Kiwi toward 0.56.
The NASDAQ 100 remains under short-term pressure as the AI selloff continues, but the broader uptrend keeps traders watching for a bounce from support.
AUD/USD reaches a major inflection point after breaking below the 200-day EMA, with US Dollar strength and 0.6840 support in focus.
USD/CHF turns bullish after breaking above 0.81, with US Dollar strength, Swiss franc weakness, and a potential Golden Cross supporting upside.
Silver turns more bearish after breaking below the key $60 support level, with weaker inflation expectations and commodity pressure weighing on XAG/USD.
EUR/USD turns sharply bearish after breaking below 1.14, with US Dollar strength, ECB concerns, and a death cross pointing toward 1.12.
The DAX remains under pressure as European economic concerns, Middle East energy risks, and ECB policy uncertainty weigh on sentiment.
Gold remains under bearish pressure after piercing the $4,000 level, with lower inflation expectations and a weak technical setup weighing on XAU/USD.
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