The EUR/USD exchange rate held steady near its highest level since January 28 ahead of the upcoming Federal Reserve minutes. It rose to a high of 1.0515 on Tuesday, up by almost 3% from its lowest level this year.
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.
Most Recent
Bitcoin is consolidating with little movement. Will external factors spark the next major trend?
The BTC/USD pair remains in a tight range as many crypto investors remained in the sidelines waiting for the next catalyst. Bitcoin was trading at $95,250, down by about 12% from its highest level this year.
Top Regulated Brokers
USD/TRY remains near record highs as Turkey’s central bank maintains a cautious monetary approach, with upside targets at 36.25 and 36.55.
EUR/USD tests 1.0515 resistance but remains bearish, with traders watching key levels and US-EU economic data for the next market move.
USD/JPY tests key support near 151.85 amid strong Japanese GDP data, with traders eyeing a rebound above 155.50 or a break below 150 for trend confirmation.
Gold remains in an uptrend above $2,900, with bullish momentum aiming for $3,000 as geopolitical risks and Fed policy uncertainty drive safe-haven demand.
GBP/USD holds near recent highs as traders assess US tariff risks, with key resistance at 1.2670 and support at 1.2380 determining the next move.
USD/MXN declines below the 50-Day EMA, with traders watching the 20.00 support level and potential breakout points amid ongoing US-Mexico trade uncertainty.
Bonuses & Promotions
AUD/CHF pulls back after early gains, with traders watching the 0.57 level and key moving averages for breakout direction amid shifting risk sentiment.
EUR/JPY hovers near ¥160 amid ECB rate cuts and BOJ tightening signals, with traders watching for a breakout above ¥162.33 or a drop toward ¥156.
NZD/USD rallies past resistance, targeting 0.58, though long-term bearish trends and potential US tariffs may cap further upside.
USD/JPY hovers near the 200-Day EMA as traders assess BOJ policy signals and US dollar weakness, with ¥151 as a key support level to watch.
USD/ZAR trends lower toward key support at 18.36000 amid easing trade tensions, with traders monitoring resistance at 18.40000 for near-term momentum shifts.
USD/MXN remains near key support at 20.37300 amid easing tensions, with traders monitoring resistance at 20.40000 and potential volatility due to a U.S. holiday.