British pound rebounds after early selling as traders await US CPI data. Watch 1.3650 resistance and 1.34 support in a likely short-term range.
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
Aussie rallies ahead of CPI data as AUD/USD approaches resistance. A daily close above 0.6550 sets up a long trade targeting 0.6725.
SPX trades around 6000 with CPI data in focus. Bulls eye 6500 on a breakout, while 5900 offers potential support. Pullbacks seen as buying chances.
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The US dollar maintains ground against the franc as CPI data looms. A break above 0.84 could trigger gains to 0.86 and 0.88. Learn what to watch.
After a sharp rally, silver stalls just before the CPI release. Learn why shorting is risky and how dips may offer strong long opportunities.
NZD/USD trades sideways ahead of key US inflation data. Find out what breakout levels to watch and how global trade talks may shift the Kiwi’s momentum.
It was another volatile yet positive week for the crypto market amid improvements in US-China trade talks and bullish equity forecasts, which boosted sentiment on Wall Street and encouraged investors to reengage with risk assets.
The price keeps retreating from resistance, but the longer-term chart shows a bullish squeeze. The price may be ripe for a breakout following the release of US CPI data today.
Bitcoin trades near ATH as institutional demand rises and supply shrinks. BTC/USD technicals point to bullish continuation before US inflation data.
Bonuses & Promotions
GBP/USD retreats from yearly high as a rising wedge forms. Traders await US CPI and UK data. Discover bearish and bullish trade scenarios.
The EUR/USD pair hovers near highs as traders await key US CPI data and ECB updates. Explore bullish and bearish scenarios with actionable trade setups.
The DAX index pulled back slightly on Tuesday after a strong rally, with support near 23,600 and a continued bullish outlook targeting the 25,000 euro level.
The Nifty 50 index is consolidating just below key resistance at 25,250, with strong volume support at 24,500 signaling bullish momentum toward all-time highs.
EUR/USD remains bullish above 1.1375 while awaiting key US CPI data and trade talk outcomes, with possible pullbacks to 1.13 seen as buying opportunities.
Gold remains in a cautious uptrend above $3328, supported by US dollar weakness, US-China trade tensions, central bank buying, and technical bullish signals.