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 EUR/USD pair remains in an overall bullish trend as traders await key Eurozone PMI data, with recent pullbacks seen as normal within the broader uptrend.
Gold prices pulled back from record highs near $3500 due to profit-taking and easing political tensions, but the broader bullish trend remains intact.
The NZD/USD pair touched fresh highs near 0.6030 but remains highly volatile, with traders urged to proceed cautiously amid fast-moving and speculative conditions.
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USD/JPY rebounded from the critical ¥140 level on Tuesday, hinting at a potential reversal if the pair clears ¥143 amid ongoing tariff-driven volatility.
USD/JPY rebounded from the critical ¥140 level on Tuesday, hinting at a potential reversal if the pair clears ¥143 amid ongoing tariff-driven volatility.
Silver remains volatile as it consolidates around the $33 resistance level and 50-day EMA, with traders awaiting direction amid global tariff tensions.
The German DAX rebounded strongly on Tuesday but now faces critical resistance at €21,500, with technical and geopolitical factors capping further gains.
The Australian dollar is facing strong resistance at the 200-day EMA, signaling potential exhaustion after a sharp rally amid ongoing global trade uncertainties.
The US dollar continues to consolidate against the Canadian dollar around the 1.3850 level, with traders watching key technical levels and trade war developments for the next move.
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The NASDAQ 100 staged a strong recovery on Tuesday, reversing Monday’s losses as traders shifted from panic to positioning ahead of potential trade deal announcements.
The British pound may face a ceiling at 1.34, with technical signals pointing to a potential pullback toward 1.32 unless a daily close above 1.3450 sparks a breakout.
Crude oil climbed over 2% on Tuesday as oversold conditions, seasonal demand, and technical support at $60 drive momentum toward the key $65 and $72.50 resistance levels.
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Sign up to get the latest market updates and free signals directly to your inbox.The euro’s rally paused near the crucial 1.15 resistance level on Tuesday, as overbought conditions suggest a potential pullback toward 1.12 may be due.
Gold surged above $3,500 in early trading before sharply reversing, with overbought conditions and a resurgent US dollar prompting a potential pullback to $3,300 or $3,200.
AUD/USD retreated from 0.6440 after a bearish engulfing pattern formed and the IMF warned of global slowdown, raising odds of RBA rate cuts.