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.
Uniswap (UNI) is facing increasing bearish pressure after a steep decline that pushed the price below key support levels. With UNI now trading around $5.5, down 22% in 7 days, traders are closely watching for a possible technical rebound.
The British Pound has been showing residual strength, and the US Dollar has been hit hard lately due to the US-centered trade war, making the price look likely to advance to new multi-month highs.
AUD/USD stays in an uptrend, supported by an ascending channel, as traders eye 0.6410 amid US tariff concerns and easing inflation data.
Bitcoin remains under pressure near $80K as ETF outflows continue and a death cross pattern suggests further downside, with key support at 76,635.
EUR/USD surged to a multi-month high but faces potential pullback as easing US inflation and escalating EU-US trade tensions shape market sentiment.
The Nasdaq 100 rebounds from oversold levels, but resistance near 20,000 and ongoing inflation concerns may limit further upside.
The Aussie dollar remains stuck between key support at 0.62 and resistance at 0.64, with risk sentiment and China’s economy shaping its next move.
Ethereum remains under pressure near $2,000, with traders debating whether to dollar-cost average or brace for further declines toward $1,550.
The USD/CAD pair remains range-bound below 1.45 as traders await tariff resolutions and assess economic pressures in Canada.
The US dollar edges lower against the Mexican peso, testing key support at 20 pesos as traders anticipate tariff updates and economic developments.
Gold surges to $2922 amid US economic uncertainty, trade tensions, and a weaker dollar, with bulls targeting the key $3000 resistance level.
The EUR/USD continues its bullish momentum, reaching 1.0947 as eurozone stimulus boosts the euro while US growth concerns weigh on the dollar, with traders eyeing the 1.1000 resistance level.
The USD/BRL continues to trade within a known range near 5.8100, with traders watching resistance at 5.8200 and support at 5.8000 ahead of US inflation data.
The Canadian dollar struggles against the Swiss franc amid looming US tariffs, recession fears, and a flight to safety, with key support at the 0.6050 level.
Gold remains in a bullish trend, with a flag pattern signaling potential gains toward $3,300 as trade wars, economic uncertainty, and a softer US dollar drive demand.
