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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GBP/USD faces a volatile 2025, starting at 1.2510 with early challenges from BoE dovishness and U.S. policy but potential recovery to 1.30 by year-end.
Gold prices are poised to climb in 2025, with geopolitical tensions, central bank demand, and cautious Fed policies setting a potential target of $3000 per ounce.
The S&P 500 enters January 2025 with consolidation near 5800 support, likely setting the stage for gradual gains as money flows return post-holiday.
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The U.S. dollar rallies against the Mexican peso in January 2025, driven by Trump policies, rate hikes, and key technical levels like 20 MXN support.
WTI Crude Oil remains range-bound near $65, with potential for a bullish breakout in January 2025 driven by U.S. economic data and rising energy demand.
The USD/ZAR appears set to begin the New Year within the higher part of its monthly price range, this as global financial institutions continue to exhibit nervousness and USD centric power is seen.
The USD/INR produced price velocity higher in December which took many by surprise, but the bullish move in the currency pair is actually correlating to the broad Forex market well.
The EUR/USD stabilizes near 1.04120 with speculative equilibrium emerging, as cautious sentiment and upcoming U.S. job data influence January 2025 Forex dynamics.
The month of January for gold could be very important. This is because we have seen such bullish momentum in this market for so long, that it now becomes a question as to whether or not we can continue the momentum, or if we need to settle into some type of range.
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The NASDAQ 100 has been somewhat lackluster during the month of December, which is a bit shocking considering that one of the most widely followed premises in the stock market is the so-called “tentacles rally.”
During my daily analysis of major currency pairs around the world, one of the first places always look is the USD/JPY pair, because quite frankly, it is one of my favorite pairs to trade.
During my daily analysis of the commodity market, the chart that really stands out, perhaps with the exception of the natural gas market, is the silver market.
During my daily analysis of exotic currency pairs, I have been paying close attention to the 57.75 PHP level, as the Philippine peso has been strengthening quite nicely against the US dollar over the last 2 weeks.
During my daily analysis of the commodity markets, the first one of the markets that catches my attention is by far the natural gas market.
The euro ends 2024 near multi-year lows against the dollar, with bearish momentum expected to persist into early 2025.