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 New Zealand dollar was negative on Friday, as traders are starting to price in the geopolitical risks, and the potential for a RBNZ rate cut later this year.
The gold market initially rallied a bit during Friday but was absolutely crushed later in the session.
Most of what we are seeing in this market is likely to be due to the tensions with Iran.
The US Dollar finds itself very much still alive, as the Trump administration is nominating Kevin Warsh for Fed head.
Bitcoin looks as if it is struggling to hold itself above major support. Ultimately, this is a market that is ready to make a bigger move.
FTSE 100 continues to see a lot of noisy behavior, but at this point, the markets looks as if it sees buyers underneath to keep it afloat.
Silver has gotten absolutely crushed as gravity has reintroduced itself to the markets.
The natural gas market saw some buying on Friday, as the markets are trying to price in the idea of more flows in the system, as another storm approaches the Carolinas.
Weekly Forecast of Major Markets February 2
The crazy bullish bubble in Silver and Gold finally burst, while Crude Oil hits multi-month highs on rising war tensions in the Gulf, and the US Dollar bounces back as Warsh is nominated to Fed Chair by President Trump.
The GBP/USD has gone into this weekend near the 1.36832 mark, writing this is much easier on a Sunday when Forex is not moving at the heightened velocity the marketplace endured last week.
WTI Crude Oil went into this weekend near the 65.730 price, this after hitting a high around the 66.500 mark on Thursday – a price essentially last seen on the 26th of September 2025.
Weekly analysis of oil, Forex, gold, silver and major indices. Identify key levels, volatility and potential trading opportunities.
The USD/CHF pair is attempting to form a bottom as speculation of Swiss National Bank intervention grows, making a rebound increasingly likely.
The USD/JPY pair is testing crucial support at the 200-day EMA near 152, with signs of stabilization suggesting a potential rebound from oversold conditions.
