NZD/USD is attempting to rally toward the key 0.60 resistance, with 0.5850 acting as support as markets weigh Fed and RBNZ rate cuts.
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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Crude oil remains rangebound with $62 acting as key support and $67 as resistance, as oversupply and weakening demand limit upside potential.
Bitcoin remains steady above $110K and the 50-day EMA, with bulls eyeing $117K–$120K while $105K serves as critical long-term support.
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Silver (XAG/USD) is consolidating after recent gains, with support at $40 and a bullish setup targeting $44.60–$45.
Gold (XAU/USD) remains strongly bullish near $3625, with bulls eyeing $3700 as Fed rate cut expectations and geopolitical tensions boost safe-haven demand.
EUR/USD remains neutral near 1.1690 as traders await the ECB decision and US CPI release, with 1.1580 support and 1.1800 resistance defining key levels.
USD/RUB climbs above 85.00 amid escalating Russia-West tensions, with traders eyeing resistance at 85.50 and potential upside toward 86.30.
NZD/USD is holding near 0.5930 with cautious upside momentum, as traders await US CPI and New Zealand manufacturing data for the next directional move.
Chainlink (LINK) is trading around $23.7, holding its ground after another attempt to push through the $24 region.
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Despite September’s traditional status as a bad month for crypto, prices across the cryptocurrency ecosystem notched higher over the past week, with some tokens recording double-digit gains.
A slowdown in EPS and revenue growth, excessively weak gross margins, and economic uncertainty plague the share price of COST. Is a fresh sell-off brewing?
The average return on invested capital lags its peers, its share count continues to rise, and valuations are high. Is a more severe sell-off on the horizon?
Ethereum is consolidating between $4200 and $4500, with a breakout higher setting up a bullish signal targeting $4900.
USD/CHF remains rangebound near 0.79 support, with upside potential toward 0.81 if a double bottom holds and risk sentiment stabilizes.
Bitcoin is holding above $110K and the 50-day EMA, with bullish momentum targeting $117K–$120K while $108K remains key downside support.