USD/ILS continues to press toward multi-year lows near 3.3500 as the Israeli shekel outperforms, with thin volumes and U.S. event risk heightening caution.
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
NZD/USD holds steady near 0.6077 as traders brace for U.S. jobs data, political uncertainty, and low holiday liquidity, keeping short-term moves cautious.
AUD/USD hovers near breakout level of 0.6590 as traders await NFP and PMI data, with bullish momentum suggesting a push toward 0.6700 if resistance clears.
Top Regulated Brokers
Bitcoin surged past $110K after a bullish breakout and weak ADP jobs data, with bulls eyeing the $115K target ahead of Friday’s key NFP report.
The EUR/USD pair extended its rally ahead of the NFP release, with overbought technicals hinting at a possible pullback to 1.1572 unless strong momentum resumes.
AMD’s promising long-term outlook meets a rally that exceeded analyst price predictions. AMD rode the AI wave but has destroyed shareholder value along the way. What’s next for AMD after beating NVIDIA in performance over the past 30 days?
Amazon’s excellent profit margins and a leadership role in the AI race meet balance sheet issues and heavy insider selling by its former CEO. Weakening macroeconomic conditions adds to a short-term counter-trend opportunity.
We have seen a resumption by the long-term bullish trend, but the price is now approaching the pivotal point at $1.3623.
The U.S. dollar attempts a rebound against the Mexican peso ahead of NFP, but strong peso fundamentals and resistance near 19.00 limit upside potential.
Bonuses & Promotions
The U.S. dollar remains pressured near 0.79 against the Swiss franc but shows signs of exhaustion, with NFP data likely to determine the next move.
The British pound fell sharply against the dollar before recovering near 1.3550, with Thursday’s NFP report expected to drive major GBP/USD volatility.
Apple (AAPL) appears poised for a bullish breakout as it tests $214 resistance ahead of NFP, with momentum building toward a potential $225 target.
The euro continues to find strong support near 0.93 against the Swiss franc, with range-bound trading likely to persist amid shifting risk appetite and SNB scrutiny.
The S&P 500 maintains bullish momentum with buyers eyeing 6,300, while pullbacks to 6,150 or lower offer potential entry points amid Fed policy speculation.
The NASDAQ 100 continues to rally ahead of U.S. jobs data, with buyers defending the 22,000 level and aiming for a breakout toward 25,000 in the coming weeks.