The DAX tests the 50-day EMA as Middle East energy concerns, inflation risks, and value buying shape the German index outlook.
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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Copper faces resistance near $6.40 as rising US rates pressure metals, but long-term demand from electrification and data centers keeps the trend bullish.
AUD/CHF rallies as risk appetite improves, with traders watching 0.5680 resistance, 0.56 support, Swiss franc weakness, and SNB policy.
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EUR/JPY tests 186.50 resistance as yen weakness, interest rate differentials, and range-bound momentum raise the risk of a breakout.
After weeks of grinding lower, Ethereum has spent the past several sessions climbing off its lows. The weekly trend has turned higher for now, and for the first time in a while, buyers have held ground instead of selling into every bounce.
USD/BRL gaps lower as new 25% US tariffs on Brazil and recent USD weakness set up a volatile session, with sentiment ready to test the pair’s bearish trend.
EUR/USD remains stuck in consolidation as traders weigh Fed policy, softer US inflation data, Middle East risks, and key breakout levels.
USD/ILS stalls near the 61.8% Fibonacci level as Fed policy, Bank of Israel easing, weaker US inflation data, and geopolitical shocks shape direction.
EUR/CHF looks to bounce from key moving averages as traders watch 0.92 support, 0.93 resistance, risk appetite, and interest rate differentials.
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USD/INR Outlook: Bullish Momentum Meets Reversal Risk
Intel consolidates near the $100 support level as traders watch Fab 34 expansion plans, 50-day EMA resistance, and upcoming July earnings.
NZD/USD tests the 200-day EMA as RBNZ rate expectations, US Dollar direction, and key levels at 0.5860 and 0.58 shape the next move.
GBP/USD holds near its highest level since May as US Dollar weakness, UK political change, mixed GDP data, and bullish momentum support Sterling.
AUD/USD retests 0.7000 as US Dollar weakness lifts the Aussie, but bearish flag pressure, retail sales data, and fading momentum point to downside risk.
BTC/USD holds near $65,000 as weak US inflation, risk-on sentiment, ETF inflows, and bullish technical patterns support a potential breakout.