Meta stock remains range-bound between $725 and $800, with the 50-day EMA offering short-term direction as traders watch for a breakout.
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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The euro rose modestly against the US dollar on Monday but remains neutral, with 1.16 as key support and 1.18–1.20 as critical resistance.
The Australian Dollar rebounded from key 0.6550 support, with momentum building toward 0.6650, though downside risks remain if support breaks.
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Gold surged higher on Monday, breaking past technical targets, with momentum now pointing toward $3,915 and potentially the psychological $4,000 mark.
Silver broke above $47 in early trading, with momentum eyeing the long-term $50 resistance, though analysts warn the rally looks overextended.
The New Zealand dollar lost momentum at 0.58, with traders eyeing fresh downside as USD strength and growth concerns keep the NZD/USD in a bearish trend.
Natural gas recovered from a gap lower, holding above the 200-day EMA as traders look for dip-buying opportunities and a potential run toward $4.
GBP/USD is consolidating after its recovery, facing resistance from last week’s highs while volatility builds between the 50-day and 200-day EMA.
AUD/USD is consolidating below $0.6600, with signals pointing to a potential bullish breakout if buyers clear resistance at $0.6609.
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BTC/USD has formed a double-bottom pattern, rebounding above $114K with bullish potential toward $118K amid US jobs data and shutdown risks.
GBP/USD remains below the Ichimoku cloud with bearish momentum, as traders eye US consumer confidence and key labor market data.
EUR/USD is steady near 1.1728, with bulls targeting 1.1915 as traders await US consumer confidence data and fresh Fed signals.
The euro trades near 1.1680 with bearish momentum, as traders watch US jobs data and key 1.1645–1.1590 support for the next move.
Gold remains bullish near $3,800, with US jobs data set to decide whether momentum carries prices toward the $4,000 milestone.
The USD/BRL trades near 5.35 after bouncing from last week’s lows, with looming US government shutdown risks threatening short-term volatility.