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/JPY remains supported by a wide interest rate differential and hot US PPI data, with a breakout above 148 potentially paving the way toward 151.
GBP/CHF is testing resistance near 1.0950 after a sharp rally, with a short-term pullback likely before bulls target 1.10 and the 200-day EMA.
The Australian dollar is under pressure after a failed rally at 0.6550, with strong US PPI data raising the risk of renewed US dollar strength and potential downside toward 0.64.
XAU/USD remains in a bullish trend above $3,335, supported by Fed rate cut expectations and dollar weakness, with buyers targeting a break toward $3,400.
EUR/USD is consolidating near 1.1700 as rate-cut expectations for the Federal Reserve boost bullish momentum, though key resistance at 1.1800 remains a critical breakout point.
BNB price is consolidating just below yearly highs, with institutional accumulation reinforcing $850 support and resistance at $865 defining the next breakout target.
The USD/RUB remains locked in consolidation ahead of Friday’s Trump–Putin meeting, with slight downside bias possible but breakout potential hinging on post-summit sentiment.
NZD/USD remains range-bound below the 0.6000 resistance, with traders awaiting New Zealand data and US PPI to determine whether the pair can break higher or face renewed pressure.
A dismal return on invested capital, declining profit margins, and excessive valuations raise significant red flags. The economic backdrop also provides a massive challenge to Dayforce’s revenue model. How should you approach the most recent bounce in price action?
An excellent return on invested capital, superb profit margins, and low valuations make this AI peripheral stock an attractive opportunity, but its share price has cratered since July. Should you buy the current breakout?
USD/JPY edged lower on Wednesday, consolidating between major EMAs as traders watch ¥148 resistance and weigh Fed rate-cut risks against Japan’s ongoing monetary easing.
Silver rallies midweek as a weaker US dollar and dovish Fed outlook fuel buying interest, with bulls eyeing $39 and potentially $40 if momentum holds.
AUD/USD climbs after Australia’s jobless rate improves to 4.2%, with technicals pointing toward a test of 0.6625 resistance if bullish momentum holds.
BTC/USD extends its rally on record ETF inflows and improving market sentiment, with bullish momentum targeting $125,000 while the 50-day MA supports at $114,500.
The FTSE 100 continues to consolidate below 9200 GBP, with technicals suggesting a potential breakout toward 9350 GBP if resistance is breached.
