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.
Fully valued shares and a red flag in its balance sheet have punished the share price of ADSK. Bearish trading volumes, a red flag in its balance sheet, and high valuations raise concerns. Is the current share price move a reversal or a bearish bounce?
The latest Cintas Corp earnings report failed to convince investors to push this stock higher despite new records in the S&P 500 Index. High valuations suggest weakness ahead, magnified by economic uncertainty and foreign exchange fluctuations. Is more downside ahead?
The US Dollar Index has begun falling firmly again in line with its long-term bearish trend in recent days, helping to push the price up here after its technical double bottom.
BTC/USD is poised for a breakout above $120K, supported by bullish technicals and institutional inflows, with targets set at $123K and possibly $125K if momentum holds.
EUR/USD broke out of a bullish flag ahead of the ECB decision, with traders eyeing a move to 1.1835 as the euro strengthens despite trade and tariff concerns.
Bitcoin continues to test the $120,000 resistance in a bullish flag pattern, with a breakout potentially propelling BTC toward $130,000 amid strong institutional support.
The US dollar weakened against the Mexican peso on Tuesday, with momentum targeting the 18.50 support level and potential downside toward 17.75 if the trend persists.
Platinum prices show signs of exhaustion with bearish RSI divergence, making the $1,400 support and $1,500 resistance critical inflection points for the next directional move.
The CAC 40 remains rangebound between 7,500 and 7,950, with dip-buying favored as traders await a breakout catalyst, potentially from EU-US trade developments.
The USD/CAD pair remains volatile as dollar weakness pressures support at 1.3550, with key levels at 1.38 and 1.3350 likely to dictate the next directional move.
Gold rallies again as bulls target a breakout above $3,500, with technicals pointing to $3,800 if momentum holds and support near $3,200 remains firm.
Natural gas prices fell again Tuesday, approaching the $3.00 support zone, with traders fading rallies amid volatility, shifting seasonality, and geopolitical supply dynamics.
The euro continues to climb against the US dollar, testing the 1.17 resistance as bullish momentum and a weakening greenback support a potential move toward 1.20.
The British pound remains supported above 1.3350 amid choppy trading, with a potential breakout above 1.3550 signaling a move toward the 1.38 resistance level.
Apple continues to test the 200-day EMA and $215 resistance as bullish momentum builds ahead of earnings, with breakout potential toward $222 and $239.
