Gold has just tested and briefly cleared a major support zone, with the price spiking to $4,100 after today’s US CPI print came in at 3.5% versus 3.8% expected.
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.
Most Recent
Euro Is About to Break Its 1.14 Stalemate – Will US Rates Force a Selloff?
USD/ZAR Is About to Test War-Driven Highs – Will Resistance Force a Reversal?
Top Regulated Brokers
NZD/USD rallies from a V-shaped bottom as traders watch 0.58 resistance, the 50-day EMA, risk appetite, and US Dollar demand.
GBP/JPY rises as the carry trade strengthens, with traders watching yen weakness, interest rate differentials, 215 support, and 220 resistance.
USD/CHF tests 0.8150 after a bullish flag breakout, with US rate advantage, SNB policy, and upside potential toward 0.84 in focus.
GBP/USD: Seeing a Bearish Turn in the Trend?
AUD/USD weakens as US Dollar strength, US CPI expectations, geopolitical tensions, and a bearish flag pattern pressure the Aussie.
BTC/USD slips as geopolitical tensions, rising oil prices, Fed rate hike risks, and US CPI expectations pressure Bitcoin and broader risk assets.
Bonuses & Promotions
EUR/USD weakens as US Dollar strength, Fed rate hike signals, CPI expectations, and a bearish flag breakout pressure the Euro.
The AUD/USD remains under pressure as investors and traders digest a flare up in tensions between the United States and Iran,
Bitcoin (BTC) dropped below $64,000 during the early Asian trading hours on Monday, as the impacts of the fourth round of US strikes on Iran hit the market. This comes amid renewed institutional demand for spot Bitcoin ETFs, raising questions whether BTC price will reclaim the $6
CAD/JPY tests the 50-day EMA as Canadian jobs strength, oil volatility, Middle East risks, and Japanese yen weakness drive momentum.
Silver: Why This Slide Below $60 May Matter More Than It First Appears
USD/MXN: Is This Nervous Range Hiding a Larger Shift in Sentiment?