USD/CHF shows bullish momentum as interest rate differentials continue to support the US Dollar against the Swiss franc.
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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The CAC reverses early gains near 8,500 as traders watch luxury stocks, risk appetite, and key support levels around 8,300 and 8,000.
Bitcoin tests former ascending triangle resistance as support, with buyers stepping in while traders watch risk appetite and key upside levels
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The British pound fell in reaction to the statements coming from the Federal Reserve press conference, as traders are now looking at a potential interest rate hike from Washington.
USD/JPY finds support near 160 yen again as interest rate differentials continue to favor the US Dollar’s broader uptrend.
AUD/USD falls after the hawkish Fed decision, but an inverted head-and-shoulders pattern keeps rebound hopes alive.
Bitcoin loses momentum after the hawkish Fed decision as ETF outflows and bearish technical signals pressure BTC/USD.
EUR/USD retreats after the hawkish Fed decision and strong US retail sales, with the pair still trapped inside a bearish channel.
Gold holds its recent rebound as traders await the Federal Reserve decision for signals on the US dollar, yields, and the next XAU/USD move.
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EUR/USD trades cautiously near 1.1600 as traders await the Federal Reserve decision for the next major directional signal.
USD/SGD trades sideways near lower levels as traders await the Federal Reserve decision and Kevin Warsh’s press conference.
USD/BRL trades near its lower short-term range as traders await the Federal Reserve decision for the next directional catalyst.
The DAX breaks above 25,000 but fails to hold gains as traders weigh German sentiment data, fiscal spending, and energy risks.
Bitcoin remains choppy after its recent rally, with traders watching $64,000 support and the 50-day EMA near $70,500.
USD/CAD briefly breaks above 1.40 as Canadian weakness and a bullish Golden Cross keep buyers interested despite market hesitation.