The BTC/USD pair remained under pressure today, July 28, as traders waited for the upcoming Federal Reserve interest rate decision. Bitcoin dropped to $63,178, down modestly from this month’s high of 66,820.
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 stays rangebound after a gap higher as traders watch Australian CPI, the Fed decision and key levels near 0.7000 and 0.6945.
Bitcoin looks steady above $65,000, but steadiness does not necessarily mean the market is comfortable. With the next Federal Reserve decision approaching, traders are watching whether the current range reflects confidence or simply hesitation before the next move.
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EUR/USD signal: US Dollar strength and Fed meeting put 1.1398 support at a pivotal level, with bearish bias but intraday bounce and scalp opportunities today.
Silver gaps higher as risk appetite returns, but a fresh death cross, elevated yields and tight supply suggest $60 remains a key pressure zone.
The US dollar has pulled a bit in the early part of trading on Friday, as we are seeing a bit of profit-taking and lower rates for the day in America.
We are now on the precipice of a huge breakout from previous action, especially once we get closer to 0.82.
The past few days of trading in the USD/MXN has produced a bright calling card for day traders who are considering pursuit of the currency pair today and tomorrow.
The GBP/USD currency pair has been trapped inside a broad range for months, and when you zoom out and look at it from a long-term perspective, not much has changed. Yet the pair is beginning to look a little more interesting again, because when you zoom in to lower time frames to
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The 0.93 level is an area that traders are paying close attention to at this point, as we are seeing the interest rates favoring the upside in general.
The Australian dollar has risen against the Japanese yen again, as we continue to see this pair head toward the crucial 115 yen level.
The GBP/USD exchange rate wavered on Monday as traders waited for the latest Federal Reserve and Bank of England (BoE) interest rate decisions.
The BTC/USD pair drifted upward for the second consecutive day as traders embraced a risk-on sentiment after the US and Iran paused their attacks.
The AUD/USD exchange rate rose slightly on Monday as traders embraced a risk-on sentiment after the US paused its attacks against Iran.
As traders await the beginning of WTI Crude Oil trading on Monday morning and over the coming week in the commodity, they can reflect on lessons learned over the past few sessions.