The FTSE 100 continues to trade choppily, facing resistance at 8,750 and support at 8,500, as global trade and growth concerns weigh on sentiment.
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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GBP/USD continues to consolidate between 1.29 and 1.30, with bullish momentum building amid a hawkish BOE tone and a recent golden cross signal.
USD/ZAR rebounds from the 18.25 support level, forming a potential bottom as traders assess risk appetite and geopolitical developments around South Africa.
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The NASDAQ 100 continues to recover, breaking above the 200-day EMA, though uncertainty around tariffs and technical resistance keeps traders cautious.
The US dollar holds near the 20.00 mark against the Mexican peso as tariff uncertainty and economic interdependence keep the pair in a cautious range.
Bitcoin holds firm in volatile conditions, with a breakout above $90,000 likely to spark bullish momentum toward the $100,000 level.
Ethereum continues to stabilize around $2,000 amid crypto market volatility, with further gains likely if Bitcoin rallies, though $1,800 remains critical support.
Gold continues to attract buyers above the $3,000 support level, with safe-haven demand and strong bullish momentum keeping the uptrend intact.
EUR/USD pulled back as disappointing Eurozone PMIs and dovish ECB signals pressured the euro, with traders watching 1.0760 and the 200-day EMA for support.
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Gold continues to trade above $3,000 as safe-haven demand, global tensions, and expectations of Fed rate cuts support the long-term bullish trend.
Silver gave up early gains on Monday, forming a bearish candlestick, but support at $32.35 and a break above $33.33 could trigger a move toward $34.
The euro pulled back against the Swiss franc but remains supported near 0.95, with rising German yields and dovish Swiss policy favoring a bullish rebound.
CAD/JPY rallies to the 50-day EMA and ¥160 resistance, with the pair poised for a breakout if trade tensions ease and yen weakness continues.
The DAX rolled over after failing to sustain gains above €23,000, with short-term volatility rising as global trade tensions and rate concerns weigh on sentiment.
GBP/CHF continues to consolidate above 1.14, with interest rate differentials and technical support favoring a bullish “buy the dip” outlook.