EUR/USD has formed a bearish head and shoulders pattern as traders brace for U.S. inflation data and a pivotal SCOTUS tariff decision.
Fundamental data helped boost the US Dollar, while both precious and industrial metals had a positive week.
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.
EUR/USD has formed a bearish head and shoulders pattern as traders brace for U.S. inflation data and a pivotal SCOTUS tariff decision.
The EUR/USD will start its trading around the 1.16329 mark tomorrow morning, the last time the currency pair was touching its current values was on the 10th of December.
Fundamental data helped boost the US Dollar, while both precious and industrial metals had a positive week.
WTI Crude Oil finished the week of trading near $58.435 going into this weekend, this as trading volumes increased following the holidays and international news from major suppliers pervaded.
Weekly market outlook highlighting price action and key levels in gold, silver, oil, forex pairs, NASDAQ 100, and USD/MXN.
The US dollar continues to climb against the yen, with carry trade momentum and resilient US data pushing USD/JPY closer to the key 158 resistance level.
The British pound remains resilient against the yen, supported by interest rate divergence and carry trade momentum, with 215 as a long-term upside target.
Bitcoin continues to build a potential bottoming pattern, with buyers defending key support and eyeing a breakout above $96,000 to confirm trend reversal.
The Australian dollar remains near multi-month highs despite Thursday’s dip, supported by China’s recovery and expected RBA tightening as markets eye NFP.
Gold prices bounced off key $4400 support on Thursday, with buyers stepping in ahead of the NFP report, reinforcing the bullish longer-term trend.
The S&P 500 remains resilient above support at 6800, with a potential breakout toward 7,000 hinging on Friday’s key NFP report.
The British pound consolidates against the US dollar as traders await the NFP report, with key support at 1.3367 and resistance at 1.36 shaping near-term direction.
EUR/USD trades lower in a tight range as markets await US NFP data, with price action driven more by Fed expectations than eurozone fundamentals.
Silver remains rangebound between $70 and $82 as traders await Friday’s NFP data, with long-term bullish momentum fueled by industrial and AI-driven demand.
Macquarie Group (ASX:MQG) stock signal, a fundamental snapshot, and a technical view on where its share price is heading. What to know before the market opens on January 8th, 2026, after MQG.AX closed at A$208.69 during the previous session.