GBP/JPY continues to attract dip buyers near key support levels, with positive carry and a bullish technical structure supporting a move back toward 216.
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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Silver continues to consolidate within a well-defined range as persistent interest rate pressure offsets supportive long-term supply-demand fundamentals.
Gold remains rangebound as rising US yields pressure prices, with $4,600 capping rallies and the 200-day EMA near $4,380 offering support.
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This currency pair has been gently descending over the past week or so: the move lower has not been what could be called especially strong. The major factors
Copper remains firmly bullish after finding support at $6.50, with growing demand from AI and electrification trends supporting a longer-term move toward $7.00.
Crude oil prices rebounded, which in turn fueled expectations that interest rates will remain elevated—an environment that is fundamentally negative for gold
Bitcoin is attempting to build a base after heavy selling, with institutional ETF demand helping support the longer-term case while $72,000 remains the key rebound target.
Recent Eurozone inflation data matched expectations but failed to provide sufficient support for the Euro. The single currency continues to fluctuate near
EUR/USD remains under pressure after forming a bearish flag pattern, with traders focusing on US jobs data and the potential for a move toward 1.1500.
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Bitcoin remains under heavy bearish pressure as ETF outflows, rising liquidations, and rotation into record-high stock markets point toward a possible test of $60,190.
AUD/USD remains under pressure as rising geopolitical risks, a stronger US dollar, and a bearish flag formation increase the likelihood of a move toward 0.7000.
The USD/BRL closed near the 5.0600 level yesterday as the currency pair reached a new near-term high when it touched the 5.0915 mark briefly on Wednesday, this
USD/JPY remains bullish as the US rate advantage supports dip buying, but traders should stay cautious near the 160–160.50 intervention-risk zone.
USD/CAD remains bullish despite a short-term pullback, with buyers defending the 200-day EMA and targeting 1.39–1.3950.
GBP/USD remains supported as buyers target a break above 1.35, with dips near the 200-day EMA still viewed as buying opportunities.