The Nasdaq 100 declined on Thursday toward the key 25,000 level amid rising volatility and AI profitability concerns, though the broader uptrend remains intact.
Technical Analysis
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
Technical Analysis
Technical Analysis
Technical Analysis
USD/CAD hovered around 1.41 on Thursday, showing signs of short-term exhaustion with a likely pullback to 1.40 before potential bullish reentry amid trade volatility.
Technical Analysis
The British pound rallied on Thursday after the Bank of England paused rate hikes, but the broader downtrend persists with key resistance at 1.32 and support at 1.30.
Technical Analysis
Top Forex Brokers
Ethereum continues to drift near $3,300 with weak momentum, as it remains dependent on Bitcoin’s direction, with downside risk toward $2,500 if $3,000 fails.
Technical Analysis
The U.S. dollar failed to hold gains against the Mexican peso, resuming its broader downtrend as traders eye 18.20 as a potential target in the coming weeks.
Technical Analysis
The euro rallied to the 1.1550 level on Thursday, but continued resistance and broader dollar strength suggest the downtrend remains intact with 1.14 support in focus.
Technical Analysis
Advertisement
Bitcoin plunged on Thursday to test the $100,000 support level, with downside risks toward $92,000 or $80,000 if it breaks, while resistance looms at $108,000.
Technical Analysis
Amazon stock dropped sharply on Thursday, approaching key $240 support, and while near-term weakness may continue, the broader uptrend presents a potential buying opportunity.
Technical Analysis
The U.S. dollar dropped to critical support near ¥153 against the yen, but with a strong uptrend intact and rate differentials favoring the dollar, dip-buying remains the favored strategy.
Technical Analysis
Bonuses & Promotions
The U.S. dollar pulled back slightly against the Swiss franc near 0.81 on Thursday, but a developing bottoming pattern favors buying dips over shorts.
Technical Analysis
EUR/USD continues trading in a bearish structure, with a short-term pullback likely facing strong resistance near 1.1600, aligned with key Fibonacci levels.
Technical Analysis
Gold prices (XAU/USD) hover around the $4000 mark amid neutral momentum, with strong support near $3920 and key resistance around $4040 as traders assess Fed policy outlook.
Technical Analysis
Subscribe Sign up to get the latest market updates and free signals directly to your inbox. *By registering you agree to receive communications.
Please enter a valid email address
USD/SGD hovers above 1.305 as traders assess Fed-driven USD strength and global risk sentiment, with key support at 1.30400 and resistance near 1.30860.
Technical Analysis
USD/MXN remains volatile within a wide trading range as Fed rate outlook uncertainty and missing economic data fuel nervous sentiment in global markets.
Technical Analysis
Polkadot (DOT) is trading at approximately $2.60, showing muted price movement over the past 24 hours.
Technical Analysis