XAU/USD continues to trade strong, with short-term dips expected to attract buyers as gold eyes $3,800 amid Fed-driven volatility.
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
Bitcoin is looking weakly bullish, with bulls facing a resistant hurdle at $113,400.
The AUD/USD pair broke above key resistance, with momentum pointing to 0.6800 ahead of the Fed rate cut and Australia’s upcoming employment report.
Top Regulated Brokers
The GBP/USD pair broke above key resistance, with bullish momentum building toward 1.3800 ahead of the Fed and Bank of England interest rate decisions.
The EUR/USD pair surged past resistance, with traders targeting 1.2000 ahead of the Fed’s rate decision and Powell’s guidance on future cuts.
The EUR/USD pair is testing key resistance near 1.1785, with bullish momentum suggesting a possible run toward the psychological 1.20 level if the Fed confirms further rate cuts.
USD/ZAR remains steady near 17.34, but a dovish Fed policy statement tomorrow could spark volatility and push the Rand to fresh gains against the US dollar.
USD/MXN hovers near long-term lows around 18.35, with traders awaiting the Fed’s rate cut and FOMC outlook to determine whether further bearish momentum emerges.
Years of profit margin contractions, shareholder value destruction, and unjustified valuation pose significant reversal risks. Will resistance spark a profit-taking sell-off?
Bonuses & Promotions
Strong operational statistics, extremely low valuations, and the recent push to enhance the adoption of its stablecoin, PYUSD, provide a platform for future growth. Is a price action reversal on the horizon?
Apple gaps higher as iPhone 17 demand boosts sentiment, with bullish technicals supported by the golden cross and broader NASDAQ risk-on momentum.
Bitcoin pulls back from $117K resistance, with traders eyeing $110K support and volatile moves ahead of this week’s central bank decisions.
The US dollar weakens against the Swiss franc, with 0.79 acting as a key level—failure here could open a move to 0.75, depending on Fed policy and risk sentiment.
The New Zealand dollar edges higher above its EMAs, testing 0.60 resistance as global central bank decisions loom and commodity-driven volatility persists.
The German DAX compresses within a triangle pattern, with traders eyeing 24,600 on a breakout and 23,600–23,250 if global growth fears spark a sell-off.