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.
The EUR/USD exchange rate pulled back to its lowest point since April 8 this year as US bond yields continued their uptrend. It also retreated to 1.1608 ahead of the upcoming Federal Reserve and European Central Bank (ECB) minutes and European inflation report.
Bitcoin price remained under pressure this week, reaching its lowest point since May 1, down from this month’s high of $82,847. The BTC/USD pair was trading at 76,765 on Wednesday as market risks continued.
The AUD/USD exchange rate slumped to the lowest level since April 13 as the US dollar continued its recent rally. It dropped to a low of 0.7083, down sharply from the year-to-date high of 0.7278.
XRP is facing renewed selling pressure as macroeconomic risks collide with fading institutional interest and a clear technical breakdown.
USD/ZAR remains volatile as Middle East risks and energy inflation fears support the dollar, with 16.85 resistance and 16.50/16.30 as downside targets.
Silver is stabilizing near $80 despite high US yields, with $70 as key support and $90 as the next major upside target if buyers regain control.
Copper is finding support despite US dollar pressure, with strong AI-driven demand and tight supply keeping the market biased toward $6.50 and beyond.
GBP/USD rallied sharply from 1.33 support, with the 200-day EMA now reclaimed and 1.35 standing as the next major resistance level.
AUD/USD is attempting to rebound from 50-day EMA support, with 0.7150 acting as a key floor and 0.7250 as the next upside target.
GBP/USD remains indecisive, with price action reacting to key technical zones while markets wait for clarity on geopolitical risks and USD direction.
Bitcoin continues to drift lower as rising yields pressure risk assets, but resilience during recent volatility keeps buyers watching for a rebound toward the 200-day EMA.
Natural gas rallied on hotter weather but remains vulnerable to selling pressure, with $3.00 as the key pivot and $3.30 as major resistance.
Gold remains choppy around $4,600 as high US yields pressure prices, but buyers continue to defend dips while waiting for clearer Middle East signals.
EUR/JPY remains bullish as yen weakness supports the carry trade, with 185–185.50 as key resistance and 182 as the main dip-buying zone.
USD/CAD remains supported by rising US yields, with 1.3750 as the key resistance level and 1.37/1.3550 as downside support.
