Why Can't EUR/USD Decide on a Direction?
USD/CAD Holds 1.40 - But Why Is the Dollar So Uneasy?
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.
Why Can't EUR/USD Decide on a Direction?
USD/CHF pulls back to the 50-day EMA as rate differentials, Swiss policy, energy risks, and longer-term Dollar strength keep buyers interested.
USD/JPY holds near the 200-day EMA as recovering US yields, intervention risks, trendline support, and carry demand keep traders watching 158 resistance.
AUD/CAD stalls near the top of its range as resistance, overbought momentum, weak rate differentials, and commodity currency balance limit direction
EUR/JPY fights back after recent intervention as rate differentials, Eurozone resilience, rollover support, and technical recovery keep buyers interested.
USD/INR: Why Is Recent Selling Catching Traders Off Guard?
AUD/USD remains moderately bullish as US Dollar weakness, NFP expectations, RBA rate uncertainty, and Strait of Hormuz optimism support the pair.
BTC/USD remains confined in a narrow range as Bitcoin ETF inflows, stock market rotation, NFP expectations, and Fed rate risks shape the outlook.
EUR/USD keeps its bullish outlook as strong Eurozone PMI data, softer US jobs figures, falling oil prices, and Strait of Hormuz optimism support the Euro.
Can Cable Clear 1.3500 Before Friday’s US Jobs Data?
Bitcoin consolidates near key levels as long-term holders accumulate BTC, ETF inflows rise, and a falling wedge pattern keeps bullish breakout hopes alive.
USD/CAD Holds 1.40 - But Why Is the Dollar So Uneasy?
The S&P 500 extends its breakout as Middle East optimism, easing rate pressure, earnings season momentum, and dip-buying demand support further upside.
WTI Crude Oil: Why the Selloff May Not Tell the Full Story
USD/JPY stabilizes near the 200-day EMA as rate differentials, carry trade demand, BoJ intervention risks, and US data keep the longer-term Dollar outlook supported.