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.
Cryptocurrency prices are seeing immense sell pressure as the month of February winds down, hampered by macro factors weighing on the market while traders also grapple with the fallout from the ByBit hack, which saw $1.5 billion flow into the coffers of hackers.
USD/CAD gains as trade tensions rise. Buy signal at 1.4320, target 1.45. Full analysis and key levels.
EUR/USD struggles at 1.05-1.06 resistance. A breakout could target 1.10, while a drop may lead to 1.02.
GBP/CHF struggles in a tight range. Can it break 1.14, or will it drop toward 1.09? Key insights and analysis.
The price is moving in choppy waves and basically ranging, although with a weak bullish bias.
GBP/USD hits 200-day EMA. Will resistance hold, or can buyers push higher? Key levels and analysis.
The GBP/USD exchange rate held steady near its highest level in two months even as the risk-off sentiment spread in the market. It was trading at 1.2662 on Wednesday morning, up by 4.60% from its lowest level this year.
Bitcoin hits 200-day EMA as risk-off sentiment grows. Can buyers hold this level, or is $74K the next target?
The AUD/USD exchange rate retreated for the third consecutive day after hitting a crucial resistance level last week. This retreat continued as geopolitical risks rose and after the US published a weak consumer confidence report. It moved to a low of 0.6350, a few points below this month’s high of 0.6410.
The BTC/USD pair crashed to the lowest level since November last year as it exited a two-month consolidation. Bitcoin price fell to a low of $85,650, down by over 20% from its highest level this year, meaning that it is now in a bear market.
The USD/SGD is trading near the 1.33925 ratio as of this writing, this after seeing a slight buying trend after producing lows near the 1.33100 mark yesterday.
President Trump’s talk about tariffs and economic threats against China are stifling risk sentiment and hitting the Aussie, while the USD is showing a bit of a recovery after selling off for the past few weeks.
At the start of this week's trading, spot gold prices moved to a new historic record high, reaching the $2956 per ounce resistance level, and are stabilizing
The U S dollar has gone back and forth during the trading session on Monday against the Swiss Franc. As we continue to dig into this previous noisy behavior, this is an area that should offer a bit of support and it'll be interesting to see if we can turn around and take out the 0.90 level above. After all, I don't really care what people think about the bond market.
Bulls are trying to maintain the EUR/USD exchange rate stable around and above the 1.0500 resistance, aided by hopes for a quick resolution to the German
