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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WTI Crude Oil futures pricing fell below 62.000 USD on Friday, and when the commodity opens for trading on Monday large players will have to decide if now is the time to look for reversals higher.
USD/CHF may test 0.79 as Swiss franc gains strength. Sellers dominate on rallies.
GBP/USD remains rangebound between 1.34 support and 1.36 resistance as traders await Friday’s NFP data for the next decisive move.
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The Australian dollar slid sharply Thursday, with 0.6550 capping upside and risks pointing toward 0.64 if the 50-day EMA fails to hold.
Apple stock paused below the $240 resistance on Thursday, with $223 as key support and bullish momentum likely to resume after the NFP-driven volatility.
Silver slipped from overbought levels Thursday, with traders eyeing $40 support and Friday’s NFP volatility as a chance to buy into the broader uptrend.
The Nasdaq 100 is consolidating above 23,250 ahead of Friday’s NFP, with support at 22,250 and resistance between 23,750–24,000 defining the next move.
EUR/USD hovers around 1.16 support within consolidation, with a break below targeting 1.14 and a move above 1.18 opening the path toward 1.20.
Ethereum dipped to test $4,300 support, with $4,000 as key downside protection, while bulls still target $5,000 if post-NFP risk appetite improves.
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USD/CAD trades above 1.38 with resistance at 1.3870, where a breakout could target 1.41 ahead of Friday’s simultaneous US and Canadian jobs data.
Bitcoin hovers around $110K support ahead of NFP-driven volatility, with $113.3K as near-term resistance and $108K–$104K as key downside levels.
Gold pulled back Thursday but quickly found buyers, with $3,500 acting as key support and bulls still eyeing $3,800 as the next major upside target.
Gold surged to record highs above $3,550, with bulls eyeing $3,670 resistance as Fed rate cut expectations and weak US data fuel the rally.
EUR/USD holds near 1.1660 in a neutral range, with 1.1600 as key support and 1.1770–1.1830 resistance in focus ahead of critical US jobs data.
XRP is trading around $2.83, holding just under the $3 psychological barrier. Attempts to break higher have stalled as sellers continue to defend resistance zones.