It's been a pretty rough day during the trading session on Thursday for the crude oil market and you can see that the market started falling in pre-market and the US China risk continue to be a major issue.
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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Get the Signals of the USD/TRY pair and the buy and sell levels for today, April 10, 2025 here.
USD/MYR pulls back slightly from 4.50 as traders weigh the impact of the US tariff pause, with short-term volatility likely due to China-US trade risks.
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USD/INR holds near 86.23 as optimism from the US tariff pause brings short-term calm, but traders remain wary of further global volatility.
Dogecoin (DOGE) is currently experiencing resistance near the $0.16 level and is trading at $0.15 with a decline of approximately 2.5% over the past 24 hours.
Despite making strong gains yesterday as risk assets recovered strongly following the Trump administration’s announcement of a 90-day pause on new tariffs above 10%, Bitcoin remains well within a technical downwards trend.
AUD/USD rebounds sharply after Trump pauses tariffs, forming a bullish engulfing pattern with eyes on 0.6275 as CPI data looms.
GBP/USD is pushing higher as tariff tensions ease and traders await US inflation data that could influence future Fed rate cuts.
EUR/USD consolidates after a bullish cup and handle pattern, as traders await US CPI data and digest Trump’s 90-day tariff pause.
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The US dollar dropped sharply against the yen, breaking below ¥145 before finding tentative support, as safe-haven demand and risk-off flows dominate.
The Australian dollar is attempting to build a floor near 0.59 despite heavy bearish pressure from global tariff tensions and Chinese trade concerns.
Silver continues to consolidate around $30, with a potential breakout above $31 signaling the start of a sharp bullish move.
Bitcoin once again bounces off the key $75,000 level, signaling strong support as traders await clarity on global risk sentiment and tariff developments.
Gold rallies sharply from the $3000 level and 50-day EMA on Wednesday, reigniting bullish momentum and setting sights on the $3300 target.
Copper prices soar above $4 after Trump’s tariff pause sparks short covering, though China tensions may cap gains near the $4.50 resistance level.