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.
Excessive valuations, high capital expenditures, and a dismal average return on invested capital raise red flags. More downside for Palo Alto Networks ahead?
USD/ZAR extends its decline beneath the 17.00000 mark, trading near two-year lows amid rand optimism and Fed-driven dollar softness, as traders brace for low-volume holiday conditions.
USD/MXN extends its decline below the critical 18.00000 level, with Fed-driven dollar weakness and historical volatility zones pointing to further downside risks amid thinning holiday liquidity.
USD/JPY rises on Friday as traders reassess Fed policy while the BOJ remains constrained. With strong rate differentials, dip-buying strategies are favored above 153.
FTSE 100 retreats after failing near 9,800, but with solid support at 9,500 and bullish fundamentals, the index appears poised for consolidation before another push higher.
NZD/USD trades near key resistance at 0.58 with the 200-day EMA overhead. A breakout could target 0.59, while rejection may send the pair toward the 50-day EMA.
The US dollar weakens against the South African rand, breaking key support amid strong commodity prices and a bearish Fed outlook. 16.50 ZAR may be next.
Healthy profit margins amid mixed earnings, combined with a promising investment in future growth, make for an interesting investment case. Should you buy Walt Disney now?
High valuations, high debt levels, and shrinking profit margins create medium-term headwinds, magnified by a cautious outlook. Will the post-earnings sell-off in Broadcom extend?
AUD/USD faces strong resistance at 0.67, raising the risk of a double top as the US dollar regains strength and traders eye a possible return to range-bound price action.
USD/CHF consolidates near a potential bottom amid fading dollar weakness and SNB intervention risks, keeping long setups attractive with a bounce toward 0.8050 on the table.
The euro shows signs of exhaustion near 1.18 against the US dollar, as traders digest the Fed's rate cut and signs of financial stress; a breakout or breakdown could shift the current range-bound momentum.
USD/CAD continues to probe the 1.3750 zone for support, with the market awaiting a decisive move either higher toward 1.3825 or lower to 1.3575, amid characteristic volatility and flow-driven behavior.
The British pound struggled near the 1.34 level on Friday, with technical resistance and diverging central bank policies hinting at further downside unless the pair breaks above 1.3450 decisively.
Bitcoin is evenly balanced between bearish wedge and bullish square root pattern and looks to be approaching a decisive moment.
