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 NASDAQ 100 continues to face strong resistance at the 25,000 level, with market momentum hinging on the performance of the Magnificent 7 tech stocks.
The US dollar is finding support near the 0.80 level against the Swiss franc, with traders watching risk sentiment and interest rate differentials for the next move.
The British pound has reached the 50-day EMA against the US dollar, trading near mid-range levels as traders watch broader USD trends for the next directional move.
Top Forex Brokers
Bitcoin faces renewed selling pressure below $112,000, with technical signals turning bearish and a potential break of the 200-day EMA threatening further downside.
The US dollar continues to weaken against the Mexican peso, with repeated failures at the 18.50 level reinforcing a bearish outlook amid rising risk appetite.
The US dollar is gaining against the Canadian dollar, supported by a golden cross and weak Canadian fundamentals, with a bullish target set at 1.4250.
Meta Platforms is showing signs of strength at a key technical support zone, and a break above $735 could trigger a rally back toward the $800 resistance level.
The US dollar finds fresh support near 150 against the yen, with bullish momentum hinting at a continuation toward 153 and possibly 162 in the longer term.
The euro continues to struggle against key resistance levels as dollar strength holds firm, putting downside targets like 1.1550 and 1.14 back into focus.
Bonuses & Promotions
Natural gas prices are stabilizing near the $3 level as traders anticipate winter demand, with a potential swing trade targeting $3.30 and beyond.
Gold (XAU/USD) surged to an all-time high of $4,242 as safe-haven demand rises amid global tensions, Fed rate cut bets, and strong ETF and central bank buying.
The EUR/USD is testing key resistance after forming a potential double bottom, but weak bullish momentum and strong overhead resistance keep bears in control for now.
USD/MYR remains tightly range-bound near 4.2270, with traders watching resistance at 4.2315 and support at 4.2170 as the pair reacts cautiously to broader market noise.
USD/ILS remains near 3.30050 as low post-holiday volume and continued Shekel strength raise the potential for another test of recent lows near 3.27000.
Shiba Inu (SHIB) is holding above key support at $0.00001019, with traders watching for a breakout above $0.00001047 that could spark a short-term rally.