USD/CHF tumbles as soft PPI and CPI data stoke fears of Fed cuts and geopolitical tensions. 0.81 emerges as key support with eyes on 0.80 floor.
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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Gold reaches $3425 before pulling back. Trend remains bullish, but consolidation between $3200 and $3500 suggests short-term caution.
Crude oil markets remain volatile amid rising supply and rate cut speculation. Bulls eye $72.50 resistance while $65 holds as key support.
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Silver rebounds after testing $35.50 support. Bulls remain active as the dollar weakens. Eyes on a breakout above $37 could lead to a $40 price target.
The Canadian dollar rebounds from a pullback, hovering below the key ¥160 resistance and 200-day EMA. A breakout may signal strong upside momentum.
The British pound remains resilient as weak US inflation data pressures the dollar. Key support at 1.35–1.34 may offer fresh long opportunities.
The Turkish Lira remains under pressure, trading at 0.0255. Will it break the 0.0250 support level? Explore today’s TRY/USD technical signals and outlook.
The Euro gains on dovish Fed expectations and resilient EU data. EUR/USD challenges $1.15 with bulls aiming for 1.1575 as key resistance.
XAU/USD gains momentum amid Fed rate cut expectations and China-US trade talks. Gold bulls aim for $3400 as technical indicators support continued upside.
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USD/ILS rallies sharply amid growing fears of conflict with Iran. Resistance looms at 3.58100, with traders watching for signs of easing or escalation.
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USD/CAD wavers as US CPI softens and trade talks stall. Watch for a break above 1.3750 to extend gains or a drop below 1.36 toward 1.3429 support.
Copper fell Wednesday as volatility spiked. Watch key support at the 50-day EMA near $4.75 and resistance at $5.00 for signs of direction.
The euro strengthens against the yen on trade optimism and weaker JPY. Key support at ¥165 with pullbacks offering long opportunities in bullish trend.
EUR/USD climbs after softer inflation data, testing resistance at 1.1570. A breakout may lead to 1.1750, while support rests near 1.13 and 1.12.