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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USD/MYR weakens after the Fed's cautious stance, with traders eyeing tariff negotiations and risk appetite to determine the pair’s next move.
TRON (TRX) remains steady at $0.231 after recovering from recent lows, but resistance at $0.235 and key technical levels could limit further gains.
The US Dollar is showing renewed strength, which is pushing the price down, although there is little going on with the Aussie.
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Ethereum jumps 6% to reclaim $2000, signaling renewed interest, but technical hurdles and market volatility remain key concerns.
The British pound finds support against the Swiss franc, rebounding above 1.14 as buyers step in, with 1.15 acting as key resistance.
The Nikkei 225 faces resistance near ¥30,000, with traders eyeing yen movements and key technical levels to determine the index’s next major move.
Crude oil remains in consolidation, finding support near $65, with traders eyeing a breakout above $68.50 or a potential selloff below key support.
EUR/CHF found support near 0.95 as traders brace for the SNB rate decision, with a potential breakout above 0.9650 signaling further upside.
BTC/USD spiked post-Fed meeting amid risk-on sentiment, but a bearish flag pattern signals a possible retracement toward $82,000 in the near term.
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GBP/USD surged to its highest level since November, with traders eyeing the BoE decision for direction as stagflation risks loom over both the UK and US economies.
EUR/USD pulled back after the Fed's decision signaled fewer rate cuts, with technical indicators suggesting a potential test of 1.0740 unless bullish momentum returns.
Gold continues its record-breaking rally, surging above $3,038 as safe-haven demand grows, fueled by geopolitical uncertainty, US trade policies, and central bank purchases.
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The EUR/USD pair remains strong near 1.0955 as traders eye Eurozone inflation data and the Fed’s policy decision, with a breakout above 1.1000 signaling further upside potential.
The USD/ILS remains in an upward trend as geopolitical tensions and investor sentiment push the pair toward resistance at 3.6800, despite broader USD weakness.
The USD/TRY spiked sharply above 39.00 following political unrest in Turkey, with markets bracing for heightened volatility and potential further surges.