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.
The AUD/USD pair is holding firm above 0.6400 support as traders await key Australian inflation data, with a bullish breakout above 0.6435 targeting 0.6500.
The BTC/USD pair has surged above key technical levels, supported by strong ETF inflows and safe-haven demand, targeting a breakout to $99,000.
The GBP/USD pair is forming a bullish cup and handle pattern, suggesting a potential breakout above 1.3430 as UK retail sales beat forecasts.
The EUR/USD pair is pulling back toward the 1.1212 support after last week's rally, with traders awaiting key US consumer confidence and GDP data.
Cardano (ADA) has shown renewed strength in recent days, rallying above $0.70 and breaking out of a long-term downtrend.
Markets have seen a modest but meaningful recovery in stocks and other risky assets, with the US Dollar also recovering, as the US tariffs issue is set aside for now.
USD shows strength. Gold pulls back, Nasdaq surges. Key forex and index insights for this trading week.
The British pound found solid support against the Japanese yen on Thursday, continuing its bullish recovery as risk appetite returned to global markets.
The US dollar edged lower against the Mexican peso on Thursday, testing key support levels as traders monitor tariff developments and technical signals.
The NASDAQ 100 rallied sharply on Thursday, signaling growing bullish sentiment as traders target a breakout above 19,500 and possibly 20,000.
Crude oil rallied on Thursday from the $60 support zone, with short-term bullish momentum eyeing a breakout above $65 amid global growth speculation.
Gold surged on Thursday, but signs point to a developing $3200–$3500 trading range as bullish momentum meets resistance and profit-taking risk.
The EUR/USD pair continues to grind higher, but faces potential range-bound trading between 1.12 and 1.15 as markets digest economic and trade uncertainties.
The US dollar remains volatile against the Japanese yen, with 140 providing key support and a breakout above 143.50 potentially opening a move toward 146.
The British Pound continues to trade within a 1.32–1.34 consolidation zone as traders assess dollar stability and market sentiment.
