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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The euro bounces off 1.09 on Tuesday despite global market volatility, with traders bracing for unpredictable swings amid ongoing tariff tensions.
The British pound is attempting a recovery against the US dollar as it tests the 200-day EMA, signaling a potential inflection point amid risk-off sentiment.
The Australian dollar gave up early gains on Tuesday, forming a bearish signal as ongoing US-China trade tensions weigh heavily on AUD sentiment.
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The US dollar bounced against the Canadian dollar Tuesday as global risk-off sentiment returned, supporting the greenback near key consolidation lows.
The NASDAQ 100 rallied Tuesday amid short covering and tariff speculation, though strong resistance and headline risks suggest volatility will persist.
The S&P 500 surged 2.6% Tuesday in a volatile session as traders covered short positions, but tariff tensions suggest rallies may still face strong resistance.
Gold prices rebounded above the $3,000 level on Tuesday as value buyers returned following recent forced liquidations, but volatility remains a major factor.
Silver remains volatile near the $30 mark as traders weigh global trade tensions, with a possible breakout above $31 or a breakdown below $28 on the horizon.
Crude oil prices are attempting to stabilize around the key $60 level after a sharp decline, but oversupply and trade fears continue to weigh on sentiment.
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The crypto market continued to tumble on Monday, April 7, as the global crypto market capitalization dropped more than 9%, wiping out more than $350 billion.
EUR/USD remains vulnerable amid escalating US-EU trade tensions, with the 1.0880 support in focus and a potential rebound only possible above 1.1000.
Gold prices are stabilizing near $3015 after recent losses, with strong support at $2955 indicating potential for recovery amid global trade and rate cut expectations.
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The USD/BRL pair is trading cautiously near 5.91 as markets digest global tariff tensions and Chinese Yuan signals, with resistance at 5.9350 in focus.
The USD/SGD exchange rate climbed near 1.3500 on Tuesday as U.S.–China trade tensions and Yuan fluctuations sparked volatility and caution in the market.
The US dollar fluctuated sharply against the Swiss franc on Monday, with traders seeking safety as tariff-related volatility tested key support at 0.85.