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.
USD/CHF remains choppy as carry trade demand, dip-buying interest, Middle East headline risks, and a rounded bottom setup shape the outlook.
The AUD/USD exchange rate continued its recent uptrend, reaching its highest level since June 5, and 3.30% above its lowest level in July.
Bitcoin price has remained on edge this month as demand among investors has waned amid the ongoing stock market rally.
EUR/USD extends its rebound after weak US data as Fed expectations, European inflation, FOMC minutes, and a bullish flag setup support further gains.
WTI Crude Oil remains calm in a known price realm as US-Iran tension persists, while large players watch supply routes and the risk of a sudden sentiment shift.
The crypto market ended the week with breadth clearly negative and aggregate weight unchanged. The number of tokens ending the week in the green remained well below those in the red despite a partial afternoon recovery on Friday
The EUR/USD market has been noisy, sideways, and uncertain, but that does not mean it has been directionless. The euro is beginning to show a little more positive momentum, and the pair is pressing into an area that has repeatedly made traders hesitate.
Coffee Arabica holds near $315 as Brazil reports a record harvest. Explore key support and resistance levels plus the weekly price outlook for traders.
The US dollar has fallen during the bulk of the week against the Canadian dollar as we are now entering the so-called golden zone between the 50% Fibonacci retracement level and the 61.8% Fibonacci retracement level.
Gold pulls back slightly to kick off the Friday session, as traders continue kicking the market back and forth. There's a lot of confusion right now, with participants running a lot of different scenarios all at the same time.
Tame U.S. inflation has the Aussie dollar eyeing a potential breakout, but ongoing geopolitical tensions remain in focus. Discover key support and resistance levels worth watching..
NZD/USD rebounds from the 50-day EMA and reclaims the 200-day EMA as risk appetite, central bank divergence, and key resistance levels shape the outlook.
EUR/CAD remains trapped between flat moving averages as central bank stasis, oil exposure, energy risks, and short-term range trading dominate the outlook.
AUD/USD remains choppy near 0.7050 as Fed pause hopes, 50-day EMA support, commodity strength, and range trading shape the outlook.
USD/JPY keeps attracting dip buyers as carry trade demand, BoJ intervention risks, Japan’s debt burden, and wide rate differentials support the Dollar.
