USD/JPY breaks out on strong U.S. GDP data, with 149 acting as support and traders eyeing 151–152 as bullish momentum and a Golden Cross build.
Technical Analysis
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.
Most Recent
Technical Analysis
Technical Analysis
EUR/USD declines toward 1.16 support, with traders watching closely as the U.S. dollar regains strength and risks a major shift in trend if support fails.
Technical Analysis
Gold remains choppy but supported above $3,700, with the bullish trend intact and traders eyeing $3,800 resistance and a longer-term move toward $4,000.
Technical Analysis
Top Regulated Brokers
The NASDAQ 100 pulled back to 24,400 before buyers stepped in, with the broader uptrend supported by Fed rate cut optimism and strength in key tech stocks.
Technical Analysis
Gold retreated from all-time highs after dollar stabilization, but the bullish trend holds with key support at $3,650 and upside targets toward $3,800–$3,835.
Technical Analysis
The EUR/USD pair faces renewed selling pressure near 1.1728, with weak German data and Fed caution weighing ahead of key US GDP and inflation releases.
Technical Analysis
Advertisement
The USD/ILS trades sideways near 3.3540, with Israel’s holiday-thinned volumes keeping action muted as traders await US GDP data for direction.
Technical Analysis
Dogecoin is not far from a major bullish breakout – will it make it?
Technical Analysis
NZD/USD is under pressure near 0.5820 as traders weigh the upcoming US GDP release and the RBNZ governor transition, with 0.5800 as key support.
Technical Analysis
Bonuses & Promotions
USD/CAD is testing the 1.39 ceiling, with a breakout above 1.3920 eyeing 1.42, while support at 1.38–1.37 favors buy-on-dip strategies.
Technical Analysis
Crude oil rallied above the 50-Day EMA on Wednesday, but faces major resistance at $65–$66, leaving the market in a range until a breakout decides the next move.
Technical Analysis
Bitcoin bounced on Wednesday, holding above $110K support while facing resistance at $117K, as Wall Street ETF flows and shifting risk sentiment guide momentum.
Technical Analysis
Subscribe Sign up to get the latest market updates and free signals directly to your inbox. *By registering you agree to receive communications.
Please enter a valid email address
The British pound tumbled below the 50-day EMA on Wednesday, with GBP/USD targeting 1.34 support as a stronger dollar and weak global sentiment drive selling pressure.
Technical Analysis
The euro dropped toward 1.1725 on Wednesday as the Fed’s cautious tone supported the US dollar, leaving EUR/USD range-bound under 1.19 resistance.
Technical Analysis
Decreasing profit margins, a rising debt-to-equity ratio, and muted earnings per share growth hint at troubles ahead For Quest Diagnostics.
Technical Analysis