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 Turkish lira continued its sharp decline against the U.S. dollar, losing over 30% in a week, with bearish pressure dominating amid oversold signals and weak fundamentals.
Gold prices remain under pressure near $3326 amid risk-on sentiment and U.S.–China trade optimism, with a possible break below $3220 signaling deeper losses.
USD/JPY extended gains to 146.28 on risk-on sentiment from US-China trade progress, with bulls eyeing 147.50–150.00 and key support holding near 145.00.
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Despite broad USD strength, GBP/USD remains resilient near 1.3255, supported by UK–US trade deal optimism and risk-on sentiment ahead of key UK wage data.
EUR/USD remains under pressure within a descending channel, with bearish momentum pointing to a possible break of 1.1130 support ahead of key U.S. inflation data.
The price has been stuck for a while below the big round number at $0.6000, consolidating between that resistant area and support at $0.5825.
AUD/USD is holding above key support within a bullish megaphone pattern, with a breakout toward 0.6500 likely as traders await U.S. inflation and Aussie jobs data.
BTC/USD is nearing the $108,250 resistance after forming a bullish cup-and-handle pattern, supported by strong ETF inflows and tightening exchange supply.
GBP/USD is consolidating within bullish technical patterns, with potential for a breakout toward 1.3430 as traders await key U.S. inflation and UK GDP data.
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EUR/USD is testing key support near 1.1215 with potential for a rebound toward 1.1350, but US inflation and ECB commentary may drive volatility either way.
The U.S. dollar is pressing resistance against the Swiss franc at 0.8350, with a breakout potentially triggering a bullish move toward the 0.8490 level.
The U.S. dollar remains under pressure against the South African rand, holding near the critical 18 ZAR support as global trade tensions and risk sentiment weigh.
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Sign up to get the latest market updates and free signals directly to your inbox.The British pound advanced 0.4% against the Swiss franc on Friday, signaling increased risk appetite as it nears key resistance at 1.11 with bullish momentum.
Ethereum surged with a 39% gain over two sessions, potentially kicking off an altcoin rally, though near-term pullbacks toward $2000 are likely buying zones.
The U.S. dollar continues to slide against the Mexican peso amid risk-on sentiment, with support at 19.45 possibly breaking to expose the 19.00 level.