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.
Bitcoin price pulled back sharply in the past few days, moving from the all-time high of $126,410 to the current $121,350. The BTC/USD pair pulled back as traders waited for the upcoming Federal Reserve minutes and updates on the US government shutdown.
Platinum via its cash price at the time of this writing is near 1,670.00 USD, this after an early morning high took the precious metal within 1,685.00.
A healthy dividend yield, low valuations, and defensive portfolio qualities make this stock an appealing call. Should you dial up AT&T?
Negative cash flow from operations, declining profit margins, and contracting earnings per share flash red flags. Is more downside ahead for MMM?
The New Zealand Dollar has lost ground since the surprisingly deep rate cut of 0.50% was announced by the RBNZ, while the US Dollar is gaining ground after appearing to bottom out.
The Nasdaq 100 powered above the 25,000 level yesterday, a high of nearly 25,067.00 was seen. As of this morning’s writing via futures trading the Nasdaq 100 is around 24,870.00.
The continued weakness in investor sentiment amid the US government shutdown is increasing demand for gold as a safe haven. According to gold trading platforms, the gold price index rose today, Tuesday, October 7, 2025, to the $3977 per ounce resistance level—the highest in the history of the gold price—and is the closest point to testing the historical resistance of $4000 per ounce, which commodity market experts have increasingly predicted is imminent.
Dear reader, based on recent trades, the EUR/USD pair has formed a short-term descending triangle pattern, characterized by lower highs connected by a falling resistance line and a flat support base around the secondary psychological level of 1.1650. The price is currently testing the triangle's resistance level, and it may see another decline toward the base. Continued selling pressure could lead to a bearish trend, while an upward breakout could lead to a rise equivalent to the pattern's height.
The US dollar has gapped higher against the Japanese yen to kick off the trading session here on Monday after the surprise results of the Japanese national election. That being said, I don't put a lot of faith into these types of moves. Historically speaking, at least I should say that I don't chase them.
The US dollar has initially fallen against the Canadian dollar to kick off the week on Monday but turned around to show signs of life again with that being said I think you've got a situation where traders are going to continue to be very uh cautious but I also think that short-term pullbacks probably offer buying opportunities that people are willing to get involved at the 1.39 level below should end up being support, just as the 1.40 level above should offer resistance. I think at this point, we're trying to determine whether or not we can actually take out the 1.40 level. Breaking above there opens up a move all the way to 1.4250, and I think that eventually happens. Quite frankly, the economic data in Canada is horrible. They actually lost jobs in August, and at this point, despite the fact that the Federal Reserve is likely to cut rates, let's be honest here.
Gold continues to rally during the early hours here on Monday. As it looks at this point time, we're going to do everything we can to get to the $4,000 level. The last couple of months have been extraordinarily bullish, and we've barely had a pullback. Keep in mind that we had initially broken above a significant ascending triangle in the beginning of September and it's basically been straight up in the air since then. The $4,000 level will of course offer a certain amount of psychological resistance but there's nothing particularly special about it. One would think that there's a lot of options barriers there so it's not a huge surprise to see that we're struggling to just simply slice through it. We gave back some of the games early in the day.
The euro has initially fallen during the trading session here on Monday to break down to test this crucial uptrend line. That being said, it does look like they are at least trying to save the euro in early trading. A lot of things are going on in this chart that you may or may not be aware of.
The German index initially fell a bit during the early hours here on Monday, only to turn around and show signs of life. By doing so, it looks as if the market is going to do everything it can to eventually break out above this resistance barrier in the form of 24,500 euros.
The US dollar has rallied a bit during the trading session here on Monday, showing signs of strength yet again. However, we did find a bit of difficulty at the 18.5 MXN level, which is an area that is starting to become very familiar for traders. It was previously significant support, and now it is offering significant resistance. By doing so, it looks like the market is going to continue to be very noisy and very cognizant of this area, so I think you need to pay close attention to 18.5 MXN going forward, as it has already proven itself multiple times, and now we have a massive downtrend line as well as the 50 Day EMA hanging around the same area.
The US dollar has been slightly negative during the early hours on Monday, as we continue to see a lot of volatility in the Forex world. That being said, it’s likely that we are looking at this through the prism of a major barrier above trying to be broken, in the form of the 1.40 level. The 1.40 level is a massive barrier to overcome, and I think at this point in time, if we were to break above the 1.40 level, it’s likely that the US dollar would really take off.
