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 memecoin continues to trade in a tight range between $0.00001151 and $0.00001177, suggesting low volatility and indecision among traders as the broader market seeks direction.
A bullish technical trend, supported by solid fundamentals in an uncertain economic environment marked by persistent inflation, presents an appealing medium-term buying opportunity in Walmart.
The S&P 500 eased slightly on Wednesday after recent gains, with traders watching for a potential bounce near 6,000 as bullish momentum remains strong.
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Despite a pullback from record highs, the NASDAQ 100 remains in a strong uptrend, with dips like the 22,000 level viewed as potential buying opportunities.
The Euro is threatening a breakout above 1.1650 against the US dollar, supported by falling US yields and bullish momentum signals.
The USD/CAD pair rallied toward 1.3750, showing bullish momentum despite overall dollar weakness, with a potential breakout targeting the 1.39 level.
Ethereum remains range-bound at $2,400, with traders eyeing Bitcoin's next move to determine whether ETH will rally or drop toward $2,000.
BTC/USD forms a bullish flag as institutional demand and easing geopolitical tensions push Bitcoin toward a potential breakout to new all-time highs.
GBP/USD surged to a 30-month high as traders anticipate Fed rate cuts, with attention now on US inflation and growth data for further direction.
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EUR/USD continued its sharp rally to a multi-year high as the dollar weakened, with traders now eyeing upcoming US economic data for further momentum.
Gold prices declined to $3295 as ceasefire news reduced safe haven demand, but buying on dips remains the preferred strategy amid Fed rate uncertainty.
The EUR/USD pair continues its bullish run, reaching 1.1641 amid dollar weakness and improved sentiment following a Middle East ceasefire and German data.
The USD/BRL pair continues to drift lower, with bearish sentiment persisting as Brazil's Real aligns with global forex trends and USD weakness.
The USD/ILS continues its bearish slide toward 3.40000 as geopolitical easing and strong Shekel sentiment pressure the dollar.
Gold experienced a sharp sell-off during Tuesday’s session as the ceasefire between Israel and Iran removed some geopolitical risk premium from the market.