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 prices hovered near $4,000 on Monday, with fading momentum and rising uncertainty pointing to a possible distribution phase below key support.
The US dollar remains steady against the yen near ¥154, with strong support from interest rate differentials and long-term bullish momentum.
The S&P 500 struggles below 6,800 as traders react to Fed indecision, a prolonged U.S. government shutdown, and broader market caution.
Nasdaq 100 retreats from record highs near 26,300 as caution builds ahead of U.S. election results and ongoing government shutdown.
A global selloff in stock markets is hitting the Australian Dollar hard, while the RBA’s policy meeting earlier had little effect.
A 50%+ year-on-year surge in free cash flow, surging production, and a bright outlook create an appealing bull case. Did earnings confirm a buying opportunity in Chevron?
Excessive valuations, the highest price-to-sales ratio in the S&P 500, and growth concerns outside the US raise concerns. Should you sell Palantir’s post-earnings drop?
Low valuations, healthy operational statistics, ongoing AI adoption, and its first-ever dividend form a solid foundation. Is the post-earnings drop in PyPal a buying opportunity?
The euro hovered near 1.15 on Monday, facing strong resistance as downside targets at 1.14 and 1.11 come into focus amid persistent bearish momentum.
Silver failed to hold early gains on Monday, signaling fading momentum near $50 and suggesting a potential bearish reversal if support breaks below $47.
The British Pound opened weaker on Monday, trading below key EMAs as rising dollar strength and Bank of England uncertainty point toward further downside.
Bitcoin slid 3.5% on Monday, sparking panic and speculation, though key support near $100,000 could attract short-term buyers amid long-term bearish sentiment.
The DAX breaks above its 50-day EMA, hinting at renewed bullish momentum, with support near €24,000 and potential upside toward €25,000.
The GBP/USD pair remains under pressure after forming a double-top pattern, with technicals pointing to a potential drop toward the 1.2580 target.
Bitcoin crashes below $106K, triggering a head and shoulders breakdown and death cross, with downside targets near $100K if momentum continues.
