GBP/USD Signal 22/09: Bearish Below 1.3406
Given the RBA’s hawkish outlook and expected rate hike next week, market participants will closely eye upcoming local PMI and employments data.
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.
GBP/USD Signal 22/09: Bearish Below 1.3406
AUD/USD stays under pressure as a hawkish Fed, geopolitical tensions, rising Australian yields, jobs data, and the RBA decision keep 0.7000 in focus.
BTC/USD breaks higher as risk-on sentiment, lower oil prices, Bitcoin ETF inflows, and bullish cup-and-handle and flag patterns support momentum.
EUR/USD extends its decline as Fed and ECB rate-hike expectations, rising fuel prices, and bearish technical signals keep pressure on the pair.
Given the RBA’s hawkish outlook and expected rate hike next week, market participants will closely eye upcoming local PMI and employments data.
Bitcoin breaks above $85K as short liquidations and ETF inflows fuel the rally, while the 50-week SMA becomes a key support level.
Silver remains range-bound between $60 and $70 while trading near the 50- and 200-day EMAs, with rates and the US dollar driving direction.
GBP/CHF keeps a bullish bias as carry favors the pound, with 1.0950 support and 1.11 the next key resistance level.
AUD/NZD stays bullish as RBA rate-hike bets widen the yield gap, with 1.23 support and 1.25 the next key level in focus.
AUD/CHF remains bullish as RBA rate-hike expectations and positive carry support the pair, while 0.5850–0.5800 remains a key support zone.
USD/JPY tests ¥158, where the 50- and 200-day EMAs converge, as US-Japan rate differentials keep the broader bias tilted higher.
USD/CHF holds above 0.82 after the FOMC move, while wider US-Swiss rate differentials continue to support a bullish outlook.
GBP/JPY tests ¥210 after the BoJ decision weakened the yen, while the 200-day EMA remains a key technical level to watch.
GBP/USD stabilizes at 1.3395 after Fed and BoE decisions. Double-bottom pattern formed, but pair below Supertrend. Bearish target: 1.3300.
EUR/USD bearish below 50-day EMA, targeting 1.1400. Fed and ECB hawkish rate hikes pressure pair. Stop-loss at 1.1550.