The US dollar dropped sharply against the yen on Monday but found support near ¥155, with the long-term uptrend intact due to the wide US-Japan interest rate gap.
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
The US dollar bounced strongly off the key 0.80 level against the Swiss franc on Monday, reinforcing support amid continued volatility and Swiss National Bank pressure to weaken the franc.
AUD/USD rallied to a multi-week high as rising inflation and GDP forecasts boost RBA rate hike expectations, but bearish patterns hint at a possible reversal toward 0.6420.
Top Forex Brokers
Bitcoin's price crashed sharply after failing at $93K, as fear spreads across markets amid ETF outflows, USDT concerns, and mass liquidations—putting $80,000 support in focus.
EUR/USD faces potential downside after forming a shooting star candle, with technical momentum fading and traders eyeing 1.1500 support ahead of critical inflation and Fed signals.
EUR/USD remains in a neutral range near 1.1600, with traders eyeing PMI data and geopolitical developments for a breakout above 1.1700 or a drop below 1.1500.
Gold (XAU/USD) has resumed its strong bullish trend, breaking above $4220 resistance and aiming for new record highs amid Fed rate cut expectations and geopolitical developments.
Ether’s (ETH) price has plunged below $3,000, erasing last week’s gains and heightening fears of a deeper correction.
USD/CHF remains in consolidation as resistance near 0.81 holds firm, with technical support at 0.80 keeping the pair stable while traders await a breakout.
Bonuses & Promotions
USD/MXN reversed early gains on Friday, and a breakdown below 18.20 could trigger a move toward 18.00 as traders favor peso strength amid diverging rate expectations.
The British pound is at a critical juncture near 1.32, where a decisive move above or below key technical levels could define the next major trend amid uncertain Fed and BoE rate paths.
The US dollar weakened against the Canadian dollar on Friday as shifting Fed rate expectations drove volatility around the 1.40 level, though broader fundamentals still limit downside.
The NASDAQ 100 pushed higher on Friday, driven by bullish sentiment and a surge in Intel, with traders positioning for a year-end rally and further upside.
USD/JPY slipped slightly in light trading, but remains in a broader uptrend supported by U.S.–Japan policy divergence and continued dip-buying interest above key levels.
Silver soared on Friday due to a powerful short squeeze and low-volume breakout, but extreme volatility calls for cautious position sizing and protection against sharp reversals.