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.
Crude oil remains in consolidation, finding support near $65, with traders eyeing a breakout above $68.50 or a potential selloff below key support.
EUR/CHF found support near 0.95 as traders brace for the SNB rate decision, with a potential breakout above 0.9650 signaling further upside.
BTC/USD spiked post-Fed meeting amid risk-on sentiment, but a bearish flag pattern signals a possible retracement toward $82,000 in the near term.
GBP/USD surged to its highest level since November, with traders eyeing the BoE decision for direction as stagflation risks loom over both the UK and US economies.
EUR/USD pulled back after the Fed's decision signaled fewer rate cuts, with technical indicators suggesting a potential test of 1.0740 unless bullish momentum returns.
Gold continues its record-breaking rally, surging above $3,038 as safe-haven demand grows, fueled by geopolitical uncertainty, US trade policies, and central bank purchases.
The EUR/USD pair remains strong near 1.0955 as traders eye Eurozone inflation data and the Fed’s policy decision, with a breakout above 1.1000 signaling further upside potential.
The USD/ILS remains in an upward trend as geopolitical tensions and investor sentiment push the pair toward resistance at 3.6800, despite broader USD weakness.
The USD/TRY spiked sharply above 39.00 following political unrest in Turkey, with markets bracing for heightened volatility and potential further surges.
The USD/ZAR pair bounced from the key 18.00 level, but with Fed policy uncertainty and South Africa in focus, traders await the next major move.
The British pound fell against the Swiss franc amid risk-off sentiment, with traders eyeing support at 1.1340 as the Swiss National Bank’s rate decision looms.
Bitcoin continues to slide, facing key support near $76,000, as risk aversion and the Federal Reserve’s upcoming rate decision weigh on sentiment.
The US dollar tumbles against the Swiss franc as global uncertainty fuels demand for safe-haven assets, with traders eyeing the Swiss National Bank's upcoming rate decision.
The NASDAQ 100 faces further losses as tariff fears and economic uncertainty persist, with traders awaiting the Federal Reserve’s decision for potential market direction.
The US dollar strengthens against the Canadian dollar, with key resistance at 1.45 in focus as traders await the Fed decision and ongoing tariff developments.
