The GBP/USD pair soared to a multi-year high, moving above the upper side of the cup and handle pattern after the latest UK consumer inflation 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.
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For three consecutive trading sessions, immediate gold prices have moved with strong upward momentum, with gains extending to the $3320 per ounce resistance
The continued weakness of the US dollar in the forex markets allowed EUR/USD bulls to complete the upward trajectory
The Turkish Lira (TRY) against the US Dollar (USD) is currently trading at 0.0258, experiencing a sharp decline from its session opening level of 0.0371.
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Cardano (ADA) is currently holding firm above the $0.76 support zone and showing signs of bullish continuation.
The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing
USD/CHF finds support at 0.82. Watch for a rebound toward 0.84 to signal potential bottoming.
NASDAQ 100 remains strong above 21,000. Consolidation suggests potential for more gains after short-term pullbacks.
DAX breaks key 24,000 level, continuing its bullish trend with eyes on 25,000. Watch for support around 23,500 euros.
The pound weakens against the franc, with support at 1.10 and resistance near 1.12. Watch for potential rebound.
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GBP/USD eyes breakout above 1.35. Pullback support at 1.32. Caution advised amid USD volatility and bond market stress.
The BTC/USD pair surged to a record high as demand for Bitcoin continued soaring. Bitcoin soared to $110,500, crossing the previous all-time high of $109,300.
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Sign up to get the latest market updates and free signals directly to your inbox.The AUD/USD exchange rate remained in a consolidation phase on Thursday as traders reacted to the recent Reserve Bank of Australia (RBA) decision and US credit
Natural gas rises again. Watching $3.55–$3.65 for short setup. Targeting a pullback to $3.00.
EUR/CAD remains sideways at 1.57. Break below 1.55 could lead to 1.50; above 1.58 may target 1.60.