AUD/USD continues to struggle near the 200-day EMA as US Dollar strength, global macro concerns, and key support at 0.6850 pressure the Aussie.
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
Gold continues to face selling pressure near the $4,000 level as US Dollar demand, bearish momentum, and a potential death cross weigh on XAU/USD.
AUD/USD remains under pressure as RBA minutes, US consumer confidence data, Fed comments, and falling technical indicators support the bearish outlook.
Top Regulated Brokers
BTC/USD holds above $60,000 as risk-on sentiment supports a possible rebound, but ETF outflows and Strategy selling risks continue to pressure Bitcoin.
EUR/USD rebounds as the US Dollar pulls back, with traders watching the ECB forum, US consumer confidence data, and resistance near 1.1500.
EUR/USD remains under bearish pressure below 1.1400 as US Dollar strength, Fed expectations, and upcoming US jobs data keep sellers in control.
Gold remains bearish as US Dollar strength, ETF outflows, long-position liquidations, and weak technical signals keep pressure on XAU/USD.
USD/CHF finds buyers on dips near 0.81 as interest rate differentials, Swiss franc weakness, and bullish momentum support a potential breakout.
The NASDAQ 100 continues to find buyers near the 50-day EMA as AI momentum, consolidation, and dip-buying support the bullish outlook.
Bonuses & Promotions
Bitcoin remains volatile around the crucial $60,000 support level as traders watch for an impulsive move toward either $50,000 or the 50-day EMA near $67,000.
AUD/USD remains choppy around the 200-day EMA as traders watch US Dollar strength, risk appetite, and key levels at 0.68 and 0.6950.
Gold is trying to stabilize near the crucial $4,000 level as traders weigh US Dollar strength, Fed rate expectations, and a potential bottoming pattern.
USD/MXN falls back below 17.50 as the Mexican Peso strengthens, with interest rate differentials, swap costs, and bearish momentum supporting downside pressure.
USD/CAD finds buyers on dips as US Dollar strength, Canadian economic weakness, Fed rate expectations, and falling oil prices support the bullish outlook.
USD/JPY drifts slightly lower but remains bullish as interest rate differentials, Fed rate expectations, and the 160 support zone keep buyers active.