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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GBP/USD sits near 1.3500 as US Treasury support for the yen and firm US yields shape dollar momentum, keeping traders focused on the next breakout.
The EUR/USD pair rose to its highest level since June 17 after Donald Trump delayed his planned attacks against Iran, citing interventions by Iran and other Middle East countries. It also jumped after last week’s Federal Reserve interest rate decision and the latest US PCE data.
Bitcoin price remained on edge on Monday morning as investors reacted to the actions from the Federal Reserve and the activity in US ETFs. The BTC/USD pair was trading at 63,430, where it has been stuck at in the past few weeks.
The AUD/USD exchange rate jumped to the highest level since June 17 as investors reacted to several market-moving events in the forex market. It has jumped by over 2.4% from the lowest point in June as focus shifts to key macro data and events.
WTI Crude Oil continues to trade in a volatile environment as traders assess changing Middle East headlines, negotiation signals, and shifting risk perceptions.
The crypto market remains divided, with select assets showing resilience while Bitcoin and broader altcoins face pressure. Market breadth and liquidity conditions remain key factors.
EUR/USD remains in a cautious environment, with traders focused on technical levels, economic signals, and changing perceptions around the U.S. dollar.
Gold, Bitcoin, currencies and equity indices continue to trade around important technical areas as investors weigh interest rates, central bank actions and broader market sentiment.
EUR/USD struggles to extend its rebound as moving average resistance, policy uncertainty, geopolitical risks, and shallow conviction keep the pair range-bound.
USD/JPY rebounds after Bank of Japan intervention as 200-day EMA support, wide rate differentials, and yen weakness keep the bullish trend intact.
AUD/JPY rebounds after Bank of Japan intervention tests support, with yen weakness, carry trade demand, and dip-buying interest keeping the broader range intact.
The Euro has been somewhat sideways during the course of the month of July
The Aussie dollar is eyeing a breakout toward 0.7115 as USD weakness triggers a bear trap. Here are the key technical levels to watch.
The USD/INR is trading near the 95.6700 mark as of this writing, this as the month of August gets set to start and July’s trading including a fight towards highs then ran into a push lower in recent days.
The USD/MXN is close to 17.41400 as of this writing, this as the month of July gets set to conclude. Financial institutions have shown a remarkably tight price realm for the USD/MXN the past handful of weeks considering broad market dynamics.
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