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
EUR/USD remains bearish near 1.0359, with US inflation data and EU-US trade tensions shaping the outlook; parity looms if downward momentum persists.
Gold retreats from all-time highs to $2,884 as profit-taking and Fed signals weigh, but safe-haven demand and geopolitical risks keep $3,000 in sight.
USD/ILS trends upward near 3.60000 amid rising Middle East tensions, with resistance at 3.59980 and key weekend developments likely to influence volatility.
Top Forex Brokers
CAD/CHF tests the critical 0.64 resistance, with a potential breakout targeting 0.6550, while a failure could signal renewed pressure toward 0.62.
GBP/USD remains range-bound between 1.2350 and 1.2500, with sellers dominating near resistance and a slight downward bias persisting.
Bitcoin remains range-bound near the 50-Day EMA, with support at $90,000 and potential upside to $110,000 and $130,000 on a breakout.
Silver recovers from early losses, with strong support at $31 and potential upside toward $32.35 and $35, while volatility cautions against short positions.
EUR/USD rallies on Tuesday but remains bearish below key resistance levels, with 1.03 acting as support and the 1.06 level critical for any sustained upside.
GBP/JPY approaches the critical 190 yen level, with a breakout signaling bullish momentum, while a pullback could target 188 yen support.
Bonuses & Promotions
NASDAQ 100 stays subdued during Powell's testimony as traders await CPI data, with support at 21,000 and upside potential targeting the 22,000 resistance level.
USD/CHF remains range-bound between 0.90 and 0.92, with a breakout above 0.92 signaling potential moves to 0.95 and parity amid Fed rate uncertainty.
USD/CAD pulls back after early gains, supported by diverging Fed and BoC policies, with strong support at 1.24 and resistance at 1.45 amid trade uncertainties.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.EUR/GBP remains under pressure in a downtrend, with support at 0.8250 and resistance at 0.8375, as eurozone growth concerns persist.
NZD/USD remains range-bound near 0.56500, with choppy trading driven by global uncertainty, cautious Fed rhetoric, and resistance at 0.56700.
AUD/USD recovery remains intact, testing resistance at 0.6290, with bulls eyeing 0.6415 while a drop below 0.6200 signals potential downside.