The U.S. dollar advanced against the yen on Monday, targeting resistance near ¥155 as interest rate differentials and BoJ easing continue to support bullish momentum.
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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Silver rallied sharply above $50 on Monday, but now faces critical resistance at $51.50, a potential turning point that could decide its next major trend.
EUR/GBP pulled back on Monday toward 0.8750 support, where bullish technicals and a weakening pound suggest a potential rebound setup.
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Natural gas pulled back after gapping higher to $4.47 on Monday, but strong seasonal demand keeps the outlook bullish through the winter months.
Silver continues to consolidate above $47, with momentum building toward a potential breakout above $50 or a breakdown below $45.50 for deeper losses.
Gold prices remain stable above $4000, with bullish momentum supported by Fed cut expectations, weaker USD, and central bank demand, possibly targeting $4200 soon.
EUR/USD remains under pressure below 1.1600 as traders watch for US government shutdown resolution and mixed Fed signals, with support eyed at 1.1460.
The euro remains stable above the 50-day EMA against the Swiss franc near 0.93, as traders monitor SNB intervention risks linked to export competitiveness.
The US dollar slid below 18.50 against the Mexican peso Friday, as yield differentials and strong Mexican exports point to further declines toward 18.20 or lower.
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The Canadian dollar bounced off trendline support against the Swiss franc on Friday, with traders eyeing resistance at 0.58 and potential SNB intervention risks ahead.
The British pound rallied against the yen on Friday, reclaiming ground near the 50-day EMA, with BoE policy support and yen weakness driving a possible move toward 204.
The US dollar continues to face selling pressure against the South African rand, as repeated rejections at key resistance and favorable rate differentials support further ZAR strength.
US President Donald Trump’s announcement of a $2,000 tariff dividend for most Americans has sparked a crypto market rally, with XRP jumping over 10% in 24 hours.
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