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.
The S&P 500 has eased slightly as traders head into New Year celebrations, yet the broader uptrend remains intact, with buyers likely to step in on dips above the 6,500–6,800 support zone while aiming for a move toward the 7,000 level and beyond.
The euro remains under pressure below the 1.18–1.1875 resistance zone, with EUR/USD likely to stay choppy and range-bound as traders juggle Fed cut expectations against lingering demand for the US dollar as a safe haven.
WTI crude remains under pressure as repeated selling on rallies, record US output and ample global supply cap prices below key resistance, leaving the market biased to sell short-term bounces above the $55 support zone.
Silver remains highly volatile, with repeated selloffs testing the $70 support level and raising the risk of a deeper slide toward $65, making caution essential for traders.
Gold has bounced from its pullback into an ascending triangle, holding above the $4,200 area as traders watch for a breakout above $4,400 that could open the way toward $4,900 in 2026.
Ethereum is chopping sideways above $2,700 in what looks like a cautious accumulation phase, with any major breakout still dependent on Bitcoin and overall risk sentiment.
The Canadian dollar faces selling near 114.60 yen, but bullish dips above 113.50 keep CAD/JPY positioned for a breakout toward 115 and potentially the 119 area in a broader uptrend.
The British pound is once again capped by the 1.35 level against the dollar, leaving GBP/USD poised for a breakout in either direction as traders balance Fed cut expectations against a recently dovish Bank of England.
The $55 level has been a major floor in the light sweet crude oil market.
The interest rate differential continues to favor Mexico.
It has shown multiple times that it wants to go higher over the longer term.
Sooner or later, you have to digest gains, and the end of the year, of course, made perfect sense.
The biggest problem that you're going to have with gold is actually coming from the silver market.
BTC/USD is near the $88,500.00 vicinity as of this writing and has produced plenty of sideways nervous price action in December, essentially showing a range between 85,000 and 93,000 with outliers.
The EUR/USD is closing December’s trading near the 1.17630 vicinity as it fluctuates within holiday conditions as the New Year and January get ready to greet financial institutions and their sentiment.
