The Australian dollar continues to decline, pressured by China’s slowdown and strong USD, with a potential breakdown below 0.63 signaling further losses.
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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Ethereum holds near $4,000 resistance, with potential pullbacks to $3,600 seen as value plays, driven by Bitcoin’s influence and ecosystem demand.
In my daily analysis of major currency pairs, the USD/CAD continues to capture my attention as the political issues in Canada take front and center stage.
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The euro weakens against the pound as EU economic challenges mount, with a break below 0.82 signaling a deeper decline toward 0.80.
During my daily analysis of major currency pairs, the GBP/USD pair has captured my attention, because the British pound has rallied to reach the 1.20 level.
USD/JPY pulls back ahead of FOMC and BoJ decisions, with traders eyeing support near 152 yen for potential bullish continuation in a volatile market.
During my daily analysis of the silver market, I’ve noticed that the market has reached a trend line that has been very important since the month of February.
In my daily analysis of the gold market, the first thing that comes to mind is that we continue to bounce around the 50 Day EMA.
In my daily analysis of the EUR/USD pair, I see the same thing that I have seen for several days: the EUR/USD simply grinding sideways.
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The AUD/USD exchange rate continued its strong downward trend, reaching a low of 0.6340, its lowest level since November 2023.
The BTC/USD pair continued its strong rally, reaching an all-time high, as demand for Bitcoin surged.
The EUR/USD exchange rate remained in a tight range after the mixed US retail sales data and ahead of the upcoming Federal Reserve decision.
This currency pair is in a valid long-term bearish trend but is showing increasing signs of being strongly supported at $1.0480.
After attaining a low of nearly 5.8750 last Thursday, the USD/BRL has provided upwards momentum and yesterday’s highs broke new records as trading closed around the 6.1479 ratio by the end of the day.
Gold prices remain steady near $2,651, with upward momentum targeting $2,700 as central banks ease policies and geopolitical tensions sustain demand for safe-haven assets.