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.
The GBP/USD pair is regaining bullish momentum, approaching the 1.36 resistance as strong technical support zones and market confidence drive the rally.
The USD/CAD pair is testing a critical 1.3550 support level, with potential breakout or breakdown trades hinging on broader US dollar sentiment and US-Canada trade tensions.
Yesterday’s earnings reports failed to inspire investors, and AT&T continues to trail T-Mobile. Balance sheet issues and value destruction add to bearish fundamentals. How should you play the recent share spike?
A negative return on equity, a continued loss in market share, and a miss on the AI hype have punished Intel. How should you trade Intel with the stock price at resistance and its earnings reports out after the bell?
The AUD/USD pair surged toward 0.6600 as a weakening US dollar and upbeat Australian PMI data fueled bullish momentum, with bulls eyeing 0.6700 next.
BTC/USD is consolidating in a bullish pennant pattern above key support, with strong ETF inflows and favorable technicals pointing to a potential breakout toward $123,200.
The EUR/USD pair rallied strongly ahead of the ECB’s rate decision and a potential US-EU trade deal, with bulls eyeing the 1.1900–1.2000 range amid growing momentum.
Ethereum shows signs of short-term weakness after forming a bearish pattern, with $3000 acting as critical support as traders eye Bitcoin’s next move.
Crude oil prices bounced off $65 support, forming a hammer candlestick as trade deals lift demand hopes, though excess OPEC supply caps gains within a $65–$70 range.
Meta Platforms stock continues consolidating in a bullish channel near $700, with potential upside to $750 if $720 breaks ahead of next week's earnings call.
Silver continues to press against the key $40 resistance level, with a breakout pointing toward $42.50, while dips to $39 remain bullish opportunities.
Gold remains in a bullish consolidation pattern, with dips toward the 50-day EMA and $3200 likely to attract buyers amid long-term upward momentum.
Tesla stock remains neutral ahead of its earnings release, with traders eyeing a breakout from its $292.50–$365 range depending on the results.
The EUR/USD continues its gradual bullish climb, with solid support between 1.15–1.16 and upside targets at 1.18 and beyond, though momentum remains slow.
The S&P 500 continues its slow bullish climb toward the 6,400 level amid low-volume summer trading, with strong support near 6,300 and 6,200.
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