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.
Microsoft opened higher on Tuesday ahead of earnings, with strong AI-driven growth expectations and support seen between $500–$520, while resistance looms near $560.
GBP/JPY dropped sharply following BOJ comments, but key support near ¥200 and the 50-day EMA could present a buying opportunity with an upside target at ¥205.
USD/BRL continues to edge lower amid cautious sentiment ahead of the Fed’s rate decision, with optimism around U.S.–China trade and Brazil’s hawkish stance supporting the Real.
Negative operating cash flow, weak operating margins, and high valuations lead the bearish catalysts. Should you sell Constellation Energy before its earnings data is released?
Industry-leading profit margins, solid market leadership, and a pending split into three publicly traded companies provide bullish catalysts. Is Honeywell International a buy after earnings?
EUR/USD is slightly bullish but remains capped by the 50-day EMA, with major resistance at 1.17 and volatility expected around the Fed and ECB rate decisions.
NZD/USD is rising cautiously toward resistance at $0.58 and the 50-day EMA, where signs of exhaustion may trigger a bearish reversal ahead of the FOMC decision.
The Nasdaq 100 held in a tight range Tuesday ahead of the FOMC decision, with bullish structure intact and key support near 25,000–25,500 suggesting more upside ahead.
USD/JPY fell sharply from the ¥153 resistance zone, hinting at a potential double top, with ¥150 emerging as a key support level ahead of major central bank decisions.
Superb returns on assets and equity, along with double-digit earnings-per-share growth, are bullish catalysts. Should you buy Mastercard ahead of its earnings data release?
Natural gas prices dipped toward key support near the 200-day EMA as the market transitions to the December contract, with colder weather and seasonal demand likely to fuel further upside.
USD/SGD is drifting lower near 1.29470 as traders await the Fed’s FOMC statement, with a dovish tone potentially triggering further downside in the pair.
Notably stronger than expected Australian inflation data has pushed the Aussie firmly higher.
Bitcoin has lost short-term momentum, dropping below key support levels, but a developing megaphone pattern suggests a potential for bullish volatility after the Fed decision.
GBP/USD remains under strong bearish pressure below the Supertrend indicator, with a potential drop to 1.3140 likely ahead of the FOMC decision amid weakening U.S. data.
