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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EUR/USD remains bullish near a multi-year high, supported by a weak US dollar and Fed speculation, though overbought conditions may limit short-term gains.
Ethereum’s recent doubling in value has raised hopes among some crypto analysts that the price will rally later this year to reach $10,000 by year end.
The S&P 500 trades above 6,200 on Monday, but short-term volatility is expected due to U.S. spending bill tensions, economic data, and tariff negotiations.
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The Nasdaq 100 reached record highs near 22,650 on Monday, though upcoming political and tariff uncertainties suggest short-term volatility remains a threat.
The backdrop of this automobile assembler is a rising share count and shrinking profit margins with added political pressure. The combination of a technical breakdown coupled with more fundamental issues creates an interesting trade as traders square off against loyalists.
Rising bearish pressures and fundamental challenges, including update delays, meet prospects for a long-term breakout catalyst. They combine for an interesting medium-term trade.
Bitcoin is poised to hit $112,000 as bullish flag and strong ETF inflows drive momentum above key moving averages and breakout patterns.
GBP/USD continues its bullish run toward 1.3850 as traders await UK GDP data and key US job figures amid dollar weakness and rate cut speculation.
EUR/USD continues its upward rally toward 1.1850, fueled by Fed leadership speculation, trade deal optimism, and weakening US dollar sentiment.
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The New Zealand dollar failed to sustain early gains on Friday, facing resistance at 0.61 and possibly retreating toward the 0.60 support zone in a range-bound market.
The NASDAQ 100 continued its strong rally Friday, driven by cooling inflation data and easing trade tensions, with buyers eyeing the 23,000 level.
Nvidia has broken to all-time highs, driven by strong AI infrastructure demand and renewed trade optimism, with technicals signaling continued bullish momentum.
Gold dropped sharply on Friday, breaching the 50-Day EMA, with traders eyeing $3200 as a potential swing trade entry or a rebound above resistance.
The Australian dollar remains stuck below the key 0.6550 level, as trade optimism fails to overcome gold weakness and market hesitation.
The US dollar is showing signs of bottoming against the yen near 145, as bond market dynamics and Japan’s monetary constraints limit yen strength.