USD/PHP trades in a volatile range, with potential bullish breakout above 58.35 targeting 59 PHP as technical levels shape market direction.
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
The Euro rallied on Monday but faced resistance near 1.0430, trimming its gains late in the session.
USD/CHF tests support at 0.90, with interest rate differentials and Swiss National Bank policy shaping a potential rebound toward parity.
Top Regulated Brokers
USD/JPY consolidates near ¥158 resistance, with a potential breakout targeting ¥162 as interest rate differentials and key economic data shape market direction.
Bitcoin has risen firmly from a double bottom near $91k and now looks set to retest its record highs made last month.
Bitcoin breaks above $100K, with bullish momentum intact as traders eye $109K and pullbacks to key support levels attract buyers.
USD/CAD experiences volatility but resumes uptrend, targeting 1.45 as U.S. dollar strength persists and Canadian political uncertainty looms.
The GBP/USD pair rallied this week, continuing a trend that started on Thursday when it bottomed at a multi-month low of 1.2353.
GBP/USD breaks above 1.25 but faces resistance, with traders eyeing short opportunities amid erratic moves and upcoming U.S. jobs data.
Bonuses & Promotions
The EUR/USD exchange rate rebounded for the second straight day as the recent surge in the US dollar index cooled.
AUD/USD rallied post-holidays, peaking at 0.6300 before retreating to 0.6240.
USD/TRY steady at 35.42 as Turkish authorities support the lira despite a 250 bps rate cut to 47.5%.
USD/JPY consolidates near 158 resistance, signaling a potential breakout toward 160 and higher as bullish momentum and dollar strength dominate.
The pound hit an 8-month low of 1.2352 against the dollar before stabilizing near 1.2417 amid US jobs data and Fed minutes anticipation.
Gold consolidates near $2639, with bulls eyeing $2700 as seasonal demand and central bank buying offset pressure from a strong U.S. dollar.