The EUR/USD pair rose on escalating US tariff risks but faces strong resistance as traders await pivotal data from the ECB and US jobs report for further cues.
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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The USD/BRL remains rangebound near its mid-term support, with speculators watching U.S.-China trade talks and upcoming U.S. data for fresh direction.
The USD/SGD remains stuck near monthly support as cautious risk sentiment and unresolved U.S.-China trade tensions keep price action tight and indecisive.
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The US dollar weakened against the Swiss franc on Monday following soft PMI data, with traders watching for a bounce from key support or further downside.
The Australian Dollar has been losing ground as markets start the week by moving into risk-off sentiment as the new US tariff plans come back into focus.
The euro rallied on Monday following weak US manufacturing data but hit resistance near the top of its multi-month range as traders assess recession risks.
USD/JPY dipped on Monday after soft US data, but the pair remains in a tight range with support at 142 and longer-term upside favored by rate differentials.
Crude oil jumped on Monday amid geopolitical concerns, but remained stuck in its $60–$65 range as traders weigh OPEC output against support-driven buying.
The British pound remains resilient on Monday, with strength above key support and limited trade war risks helping it outperform other major currencies.
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The Mexican peso extended its rally against the U.S. dollar on Monday, but weak U.S. data raises concerns that Mexico’s economy could soon feel the impact.
After an early selloff on weak US data, USD/CAD found support at 1.37, forming a potential hammer as dollar strength re-emerges across major pairs.
Natural gas surged over 7% Monday on geopolitical tensions, but with mild U.S. weather and ample supply, traders remain skeptical of sustained upside.
The euro rebounded against the yen after an early drop, with buyers targeting a move above ¥165 as risk appetite stays firm and technical support holds near ¥162.
Silver rallied over 5% on Monday, breaking through the $34 resistance and targeting $35.50, with $33 now likely acting as support in a bullish continuation setup.
BTC/USD is consolidating below $105K as it forms a bullish cup and handle pattern, with traders watching for a breakout toward $110K despite weak ETF demand and June seasonality.