The Bitcoin price held steady, a few percentage points below the all-time high, as demand from Wall Street investors surged. The BTC/USD pair was trading
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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The USD/CHF pair saw volatile swings on Wednesday after Powell firing rumors, with the dollar stabilizing near 0.80 as traders eye a breakout above 0.81.
Crude oil bounced from key $66 support on Wednesday, forming a bullish hammer pattern as seasonal trends and economic optimism support potential upside.
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GBP/USD pulled back on Wednesday after surging on Powell firing rumors, with technicals suggesting downside risk toward the 1.31 support level.
The AUD/CHF pair remained volatile on Wednesday amid Powell rumors, with traders eyeing 0.5175 support and 0.5278 EMA as signals of global risk appetite.
The New Zealand dollar experienced major volatility near key moving averages following Powell-related rumors, setting up a breakout trade opportunity.
The US dollar tested strong resistance at 1.3750 against the Canadian dollar amid Powell firing rumors, with bulls eyeing a breakout toward 1.39.
The US dollar swung against the Mexican peso amid Trump-Powell rumors, with USD/MXN now stabilizing near key resistance at 19.00 and support at 18.50.
The euro spiked and retraced on Wednesday amid Trump-Powell rumors, with EUR/USD now stabilizing around the key 1.16 support zone.
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The S&P 500 surged and then steadied on Wednesday after a false Trump-Powell firing report, with traders now watching for a breakout above 6300.
The US dollar plunged then rebounded sharply against the yen after Trump denied firing Jerome Powell, stabilizing the USD/JPY pair near key support.
Gold prices stay strong above $3300 with bullish momentum building, driven by inflation data, tariff headlines, and steady central bank purchases.
The EUR/USD pair begins a bearish phase below 1.1600 amid fading Fed rate cut hopes, setting up a move toward 1.1450 unless strong Eurozone data intervenes.
The NZD/USD has hit fresh lows in early trading this morning as the 0.59450 realm has shown vulnerability, this as support has been challenged after
Declining profit margins and value destruction meet employee warnings over the quality of work. Rising challenges in the US healthcare system could derail profits. Is there more downside ahead for Labcorp after a cascade of technical breakdowns?