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 EUR/USD pair faces high volatility as it pulls back from recent highs, with traders eyeing US inflation data and potential EU retaliation for clearer direction.
Gold prices fell sharply after profit-taking and tariff fears but remain above $3000, keeping the broader bullish trend intact despite short-term volatility.
The GBP/USD pair pulled back sharply from recent highs, with the 1.2800 support level now critical as global risk aversion and recession fears grow.
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The USD/ZAR pair soared to 11-month highs as global risk sentiment deteriorated sharply and South African political and fiscal concerns deepened.
Bitcoin has dropped by more than 10% since last week’s close, in line with other risky assets in the market, as markets make strong nervous selloffs following the USA’s announcement of large tariffs on imports.
AUD/USD crashed to its lowest level since 2020 amid surging US dollar demand and China-related fears, with a potential short-term bounce on the cards.
The GBP/USD pair is bracing for more volatility as trade war tensions escalate and key US events like the FOMC minutes and inflation data loom.
EUR/USD is showing signs of a bullish continuation after retesting a key breakout level, with traders eyeing 1.1100 amid ongoing EU-US trade tensions.
Gold collapsed on Friday, falling toward the $3000 level as forced liquidation triggered sharp selling despite long-term bullish expectations.
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Crude oil broke below the critical $65 support on Friday as oversupply fears and recession risk dragged WTI toward a bearish breakdown.
Silver plunged another 7% on Friday, slicing through key technical levels as liquidation and tariff panic drove the metal into dangerous territory.
The DAX plunged 5% on Friday as tariff fears and economic headwinds battered Germany’s index, with key support now at the €20,000 level.
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Sign up to get the latest market updates and free signals directly to your inbox.The Nifty 50 index dropped sharply on Friday, breaking below the 50-day EMA as tariff fears and global market volatility pressured Indian equities.
The US dollar bounced sharply against the Swiss franc on Friday, forming a bullish hammer off key support as global risk-off flows fueled USD demand.
The euro reversed Friday after a failed rally attempt, with traders watching 1.08 for a potential breakdown as dollar demand surges across the board.