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.
Markets enjoyed continued risk-on sentiment last week, especially in the USA with stronger than expected jobs and earnings data. However, that sentiment might take a hit this week as attention will turn to Trump’s tariff deadline which could see several countries being hit with higher US tariffs.
The EUR/USD went into this week near the 1.17750 mark which was within the higher elements of its week’s long range, but day traders need to be prepared for the return of full volume and tariff rtetoric.
WTI Crude Oil went into this weekend near the 65.650 vicinity, but traders will need to treat this price cautiously as it opens tomorrow because of the holiday trading seen.
Markets stay bullish: metals, oil, and Bitcoin push higher. Stocks pull back slightly but show strong momentum.
The Australian dollar continues to test the 0.6550 support zone with bullish signals forming, though a breakout above 0.66 is needed to confirm upward momentum.
Bitcoin pulls back from strong resistance at $112K amid low liquidity, but holds above $100K, keeping the long-term bullish trend intact.
The British pound stabilized above key support at 1.3550 after a volatile NFP reaction, with bullish signals pointing to a potential rise toward 1.3790.
The US dollar lost ground against the Mexican peso after a short-lived NFP boost, with traders targeting the 18.50 level amid rate cut expectations and trade links.
The TA 125 Index continues its post-conflict rally, with traders watching for pullbacks near the 3000–3100 ILS zone as key sectors support the bullish trend.
The German DAX rallied on Thursday, with strong support above 23,000 and potential for a breakout above 24,400 pointing toward the 26,500 target.
The US dollar fell against the Indian rupee after the NFP report, but range support at ₹85 held firm, keeping the USD/INR pair in a sideways consolidation zone.
After an initial rally, the US dollar fell sharply against the Canadian dollar on Thursday, with focus shifting to the 1.35–1.34 range amid Fed speculation.
The Euro slid against the US dollar after hotter-than-expected NFP data, with markets now reassessing rate cut expectations and watching key levels at 1.16 and 1.1850.
Despite Thursday’s pullback, crude oil remains above key $65 support, with seasonal demand and bullish structure hinting at a potential grind higher.
AUD/USD bounced back after a hotter-than-expected NFP report, forming a bullish hammer at 0.6550 and suggesting a potential rally toward the 0.67 level.
