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.
Bitcoin price was stuck in a tight range on Monday, continuing a consolidation phase that has been going on for weeks. The BTC/USD pair was trading at 68,430 on Monday, down sharply from the all-time high of 126,200.
The AUD/USD exchange rate held steady near the year-to-date high of 0.7155 after key macro data from Australia and the United States. It was trading at 0.7085 on Monday as focus shifted to the upcoming US consumer confidence and Australia jobs report.
Weekly Forex Forecast – USD/JPY, AUD/USD, WTI Crude Oil, S&P 500 Index, Bitcoin, Gold
The WTI crude oil price continued rising, reaching its highest level since August last year. It jumped to $67, up sharply from last December’s low of $55, as tensions between the United States and Iran have escalated.
The EUR/USD exchange rate remained in a narrow range after a series of important events and macro data. It was trading at 1.1780, down from the year-to-date high of 1.2095.
Major markets outlook: USD pairs, S&P 500, Gold & Bitcoin. Key technical zones, breakouts and downside risks for the week ahead.
Coffee prices came under intense pressure as global supply dynamics improved despite the soaring Brazilian real. It dropped to a low of $2.80on Friday, its lowest level since July last year, and by 35% below the highest level in 2025.
The US dollar has rallied a bit during the early part of the trading session on Thursday as traders are looking forward to the PCE Price Index announcement on Friday.
The US dollar has been all over the place against the Canadian dollar during trading on Thursday, but still remains in the same range we have been in.
The New Zealand dollar has rallied slightly against the Swiss franc on Thursday, as we continue to see a lot of questions asked about the risk appetite of the overall market.
Bitcoin tried to rally a bit during the early hours on Thursday, but at this point in time, the market simply doesn’t have any real reason to get going.
The Australian dollar has gone back and forth during the trading session on Thursday as we continue to see a lot of questions about the risk appetite and policy divergence of these two central banks.
The US dollar has risen a bit against the Swiss franc during the trading session as interest rates in America continue to be relatively stout.
The US dollar has rallied on Thursday as we are trying to find out whether or not the market can finally break below 17. The Core PCE numbers coming out on Friday could be the next big mover here.
The gold market has rallied slightly during the trading session on Thursday as we wait for the Core PCE numbers in the USA.
