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 GBP/USD pair retreated to 1.3340 on Monday morning, continuing the sell-off that started last week after the stellar US inflation numbers.
The BTC/USD pair held steady above 60,000 as traders waited for the latest update from Michael Saylor’s Strategy and the upcoming US consumer inflation report.
The AUD/USD exchange rate plunged to its lowest point since April 13, after forming a small bearish flag and rising wedge pattern. It retreated to 0.7045
Weekly Forex Forecast for June 7, 2026, covering USDJPY, major indices, Gold, and Bitcoin, with key market data, central bank outlooks, and trade setups for the week ahead.
After a violent day of trading on Friday, the GBP/USD has gone into this weekend near the 1.33296 ratio, touching lower marks not seen since the middle of May when the 1.33000 level was tested.
WTI Crude Oil futures went into this weekend near the $88.280 ratio, this after touching a high near $94.840 on early Wednesday. These two prices and other considerations set the stage for a potentially curious week of trading to come.
Major markets ended the week with mixed signals as interest rate expectations returned to the forefront. Technology stocks, precious metals and currencies all responded to a changing macro backdrop.
EUR/CHF remains choppy near the 50-day EMA, with SNB intervention risk and the euro’s yield advantage likely to support buyers on dips.
GBP/USD remains mildly bullish but rangebound, with buyers defending dips near the 200-day EMA while 1.35 continues to cap upside momentum.
AUD/USD is stuck near 0.7150 as traders wait for Friday’s US jobs report and clearer signals from yields, commodities, and Middle East headlines.
AUD/NZD continues to attract dip buyers, with Australia's higher interest rates and stronger economic outlook supporting a move toward the 1.23 level.
Silver remains rangebound despite a short-term bounce, with the bond market and Friday’s US jobs report likely to decide whether $70 or $80 breaks first.
EUR/USD remains trapped in a tight 1.16–1.17 range as traders wait for Friday’s jobs report and the next move in US yields.
USD/CAD remains rangebound below 1.40 as traders reduce exposure ahead of simultaneous US and Canadian employment reports.
Bitcoin is attempting a short-term recovery from the critical $60,000 support zone, with bond market movements and Friday’s US jobs report likely to determine the next major move.
