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.
Gold (XAU/USD) remains firmly bullish, holding above $4220 with momentum indicators supportive of further gains; while rate-cut expectations drive investor sentiment, traders eye Fed guidance for the next catalyst.
EUR/USD is holding steady near 1.1640 as bullish momentum persists, but narrow trading is expected ahead of the US Fed decision; strong Eurozone data supports the euro, while traders await major US policy signals.
Bitcoin (BTC) clawed its way back above the $90,000 mark on Monday, marking a pivotal moment in what could be a defining moment for the next leg up.
USD/MXN continues its downward trend below 18.20000, with traders eyeing Fed guidance this week for further direction. Momentum favors the downside, but short-term volatility remains a risk.
USD/ZAR remains under 17.00000 as bearish momentum holds, but strong support and upcoming Fed guidance may limit further downside in the near term.
EUR/JPY remains supported on dips as weak yen sentiment and rising JGB yields influence direction, with key levels at 180, 182, and 185 yen in focus.
The US dollar is attempting a bullish reversal against the Swiss franc, with resistance near 0.81 and support from interest-rate differentials and a dovish Swiss National Bank stance.
The S&P 500 remains rangebound and low-volume ahead of the FOMC decision, with resistance at 6900 and support at 6800 keeping the broader trend cautiously tilted upward.
Bitcoin fell sharply on Friday as resistance near $92,500 held firm. Misinformation and fear dominate sentiment, with downside risk below $80,000.
CAD/JPY surged Friday after a strong Canadian jobs report, as yen weakness persists. Key support near 111 and 110.50 underpins bullish momentum, with upside targets at 113 and 114.
Organic revenue growth challenges, declining gross margins, a worsening debt-to-asset ratio, and negative EPS growth plague MMM. What will follow the breakdown?
High valuations, negative operating cash flow, EPS contraction, and weak margins power the bearish scenario. More downside ahead for Constellation Energy?
Defensive portfolio qualities, healthy profit margins, and low valuations lead my bullish call on AT&T. Is it time to dial in?
Bitcoin is looking stronger after making another higher low, at $89,507.
USD/CAD dropped sharply after Canada’s employment data far exceeded expectations, though long-term volatility and key technical levels suggest a possible pullback toward 1.3750 before any reversal.
