USD/ILS continues its bearish trend, testing multi-year lows near 3.25765 as geopolitical optimism and strong Shekel sentiment drive downside 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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AUD/USD surged to multi-week highs after strong inflation data lowered RBA rate cut odds, with bullish momentum building toward the 0.6700 resistance level.
BTC/USD continues to lose steam despite the Fed’s dovish pivot, with bearish pressure building below key technical levels and potential support near 106,600.
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EUR/USD has dropped below key technical levels following the Fed’s dovish pivot, with bearish momentum building ahead of the ECB rate decision and GDP data.
EUR/USD remains stable near 1.1650, trading within a multi-month range as traders await direction from the Fed and ECB policy announcements later this week.
Gold (XAU/USD) is undergoing a technical correction below $4000, with key support at $3880 and traders watching the Fed’s rate decision as a potential catalyst for the next move.
USD/CHF continues to consolidate near 0.79 ahead of the FOMC, with a breakout above 0.80–0.81 potentially triggering a long-term bullish trend as the dollar gains broader strength.
GBP/USD reversed sharply on Tuesday, breaking below the 200-day EMA, with downside risks growing toward 1.32 and 1.3150 as Fed policy takes center stage.
Microsoft opened higher on Tuesday ahead of earnings, with strong AI-driven growth expectations and support seen between $500–$520, while resistance looms near $560.
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GBP/JPY dropped sharply following BOJ comments, but key support near ¥200 and the 50-day EMA could present a buying opportunity with an upside target at ¥205.
USD/BRL continues to edge lower amid cautious sentiment ahead of the Fed’s rate decision, with optimism around U.S.–China trade and Brazil’s hawkish stance supporting the Real.
Negative operating cash flow, weak operating margins, and high valuations lead the bearish catalysts. Should you sell Constellation Energy before its earnings data is released?
Industry-leading profit margins, solid market leadership, and a pending split into three publicly traded companies provide bullish catalysts. Is Honeywell International a buy after earnings?
EUR/USD is slightly bullish but remains capped by the 50-day EMA, with major resistance at 1.17 and volatility expected around the Fed and ECB rate decisions.
NZD/USD is rising cautiously toward resistance at $0.58 and the 50-day EMA, where signs of exhaustion may trigger a bearish reversal ahead of the FOMC decision.