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.
Most Recent
USD/BRL declines sharply as risk appetite rises, with traders eyeing 5.7000 as resistance ahead of the Fed’s interest rate decision.
Bitcoin consolidates between $75K and $90K, testing the 200-day EMA as traders gauge risk appetite and potential breakout direction.
The NZD/JPY pair rallies past the 50-day EMA, testing 87 resistance, with traders eyeing 88 as a breakout level amid Bank of Japan policy uncertainty.
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Ethereum attempts to break above $2,000, but market sentiment remains cautious, with key resistance at $2,200 and support at $1,800 in focus.
The US dollar strengthens against the yen, driven by short covering and anticipation of central bank decisions, with key resistance at 150 in focus.
The British pound continues to push higher against the Swiss franc, with interest rate differentials favoring the GBP ahead of the SNB’s expected rate cut.
The USD/SGD pair remains under bearish pressure, testing key support levels as traders navigate US tariff risks and anticipate the Federal Reserve's cautious outlook.
The Euro has been the main beneficiary of the US-centered trade war in recent weeks and is rising with new strength after a period of consolidation.
AUD/USD gains strength amid robust Chinese economic data and risk-on sentiment, with bulls eyeing the 0.6515 target.
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GBP/USD extends its rally past 1.3000, with bulls aiming for 1.4000 as traders await crucial Fed and BoE interest rate decisions.
Bitcoin hovers near $85K resistance, with technical signals hinting at a potential bearish reversal unless bulls push toward $90K.
The Turkish lira weakens against the US dollar, with USD/TRY maintaining an upward trend as rate cut expectations and economic risks weigh on the currency.
EUR/USD continues its upward trend, supported by German stimulus and shifting market sentiment, with traders eyeing the 1.10 resistance ahead of the Fed’s decision.
Gold stabilizes above $3,000, fueled by geopolitical risks and strong central bank buying, with analysts forecasting further upside in 2025.
GBP/USD tests the 1.30 resistance level as economic uncertainty and BoE policy expectations drive market sentiment.