Gold (XAU/USD) surged near $4350 on Tuesday, with bullish momentum fueled by Fed rate cut bets, geopolitical tensions, and ETF inflows, keeping gold on track for a historic 2025 close.
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.
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EUR/USD traded near a two-month high at 1.1768 on Tuesday, with traders eyeing a potential breakout above 1.18 as key Eurozone PMIs and US job data threaten to spark volatility.
More than half a billion in leveraged crypto positions were liquidated across the crypto market on Tuesday as the price of Bitcoin dropped to $85,000 amid a broader market tumble. XRP prices posted the largest 24-hour losses among the top ten cryptocurrencies by market capitalization.
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The S&P 500 continued to edge lower on Tuesday, slipping below 6,810 as cautious sentiment and spillover fears from the Nasdaq 100 pressured the index toward key support at 6,800.
The Nasdaq 100 continued to face selling pressure on Tuesday, falling below 25,000 as investor caution grows around AI valuations and year-end positioning, with support eyed at 24,700.
Meta stock remained choppy around the $650 level on Monday, influenced by AI market sentiment, year-end positioning, and technical resistance, though the long-term outlook continues to favor higher prices.
Silver prices continued their strong upward move on Monday, supported by retail momentum, central bank rate-cut expectations, and supply concerns, with pullbacks still viewed as buying opportunities.
Bitcoin continues to weaken amid heavy selling pressure, poor ETF and spot flows, and macro uncertainty, with technicals pointing toward a potential drop below $80,000.
The euro is stabilizing near key technical support against the Swiss franc, with SNB intervention risk favoring upside potential if resistance at 0.94 breaks.
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The Australian dollar is showing weakness after failing at key resistance, with a potential double top pattern signaling further downside toward 0.65 unless 0.6750 breaks.
Declining profit margins, shareholder dilution, and a mixed outlook for small businesses supported the post-earnings sell-off. What will follow the breakdown in Intuit?
A disappointing full-year earnings-per-share outlook, negative net income over the past five years, and high valuations could fuel the correction. More downside for Zscaler ahead?
The NASDAQ 100 is consolidating near the 50-day EMA with choppy price action, as traders weigh AI sector uncertainty against seasonal upside potential and broader market resilience.
The USD/CAD pair remains range-bound near 1.3750 as traders assess Federal Reserve policy direction and broader dollar sentiment, with minimal yield advantage keeping price action choppy.
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