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.
Most Recent
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.
Top Forex Brokers
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.
Bonuses & Promotions
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.
Bitcoin loses momentum, testing the critical $75K support level as traders react to weak adoption signals and market disappointment over the US Crypto Strategic Reserve.
The euro maintains its upward momentum against the US dollar, driven by rising German yields, though overbought conditions signal a potential pullback toward key support at 1.08.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
The euro rallied against the Japanese yen on Tuesday, approaching key resistance at ¥162, with potential for further gains as interest rate differentials support euro strength.
The British pound continues its rally against the US dollar, with the 1.30 level in focus as traders watch for a breakout amid Federal Reserve rate cut speculation.
Ethereum remains under pressure, struggling below $2,000, with a potential breakdown toward $1,500 or a breakout offering hope for recovery.