Palantir dips after testing $190 resistance, with $175 and $160 emerging as key support levels to watch in a market still fueled by post-earnings optimism.
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
EUR/USD eases on Monday, with traders watching the 1.16 support and Tuesday’s US CPI release for clues on whether the pair breaks lower or retests 1.18.
USD/CHF rallies above 0.81, with traders eyeing US CPI data that could spark a push toward 0.8423 resistance or a drop back to the key 0.80 level.
Top Regulated Brokers
Bitcoin tests the critical $120,000 level, with a confirmed breakout potentially opening the path to $130,000 while $114,000 holds as key support.
USD/JPY tests the key ¥150 level and 200-day EMA, with traders eyeing US CPI data that could determine the next move in Fed policy and dollar strength.
Gold prices stay strong above $3,378 support as tariff tensions, central bank demand, and bullish technicals keep $3,500 in focus.
EUR/USD consolidates near 1.1640 with technicals hinting at an early bullish turn, but US CPI data and tariff risks could set the next big move.
USD/MXN trades near 18.55 key support ahead of US CPI, with a break lower potentially confirming extended mid-term downside in the pair.
USD/CAD hovers near 1.3750 support-turned-resistance after soft Canadian jobs data, with the 50-day EMA and rate gap favoring further USD gains.
Bonuses & Promotions
Nvidia is approaching a key $185 breakout level, with bullish momentum aiming for $197, while $170 and the 50-day EMA remain key supports.
The euro continues to consolidate above 1.16, with potential to reach 1.18 if it clears 1.17, but a drop under the 50-day EMA could revisit 1.14 support.
GBP/USD trades just above the 50-day EMA, targeting 1.3550 resistance, while a break under 1.33 could trigger a move toward the 200-day EMA.
The NASDAQ 100 is advancing toward 24,000, with dips expected to attract buyers near 23,250 or the 50-day EMA despite low-volume summer trading.
NZD/USD faces selling pressure near the 50-day EMA, with risk skewed toward 0.5850 unless bulls break 0.60 resistance in thin summer trading.
EUR/JPY is consolidating in a bullish flag near 170 support, with upside potential toward 175–182 if 173 breaks, but downside risk to 166 if support fails.