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
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The DAX hovered above €23,500 on Tuesday as the index consolidates recent gains, with strong technical support at €22,500 and euro softness supporting further upside potential.
Gold bounces off $3200 as 50-day EMA converges with support; bullish momentum builds on USD weakness and central bank demand.
The US dollar slipped against the Swiss franc on Tuesday, testing key support at 0.84 after failing at the 50-day EMA, with traders watching 0.8550 resistance amid shifting risk sentiment.
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USD/CAD reversed Tuesday after testing the 200-day EMA, with 1.3750 offering near-term support as the pair consolidates in a range amid lingering US-Canada trade uncertainty.
The US dollar eased against the yen on Tuesday but remains supported above 145, with a strong triple bottom at 140 and a bullish outlook toward the 150 resistance zone.
The Australian dollar surged on Tuesday following softer US CPI data, with traders watching the 0.65 level as a key breakout point amid optimism over US-China trade progress.
The British pound bounced from key support at ¥195 against the yen and is poised to test ¥198–¥200, with short-term pullbacks offering buying opportunities amid a bullish outlook.
USD/ILS trades in a narrow range near 3.558 with limited volatility and low liquidity, as traders look for small technical opportunities amid stable fundamentals and political caution.
Bitcoin soared past $105K amid ETF inflows and business accumulation, while Ethereum’s rally and declining dominance signal a potential altseason ahead.
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Yesterday saw the Euro continue to rise after making a strong bounce against the Dollar from a medium term low and key support on Monday.
The AUD/USD pair surged following softer US inflation data, with bullish technical patterns like a mini golden cross and inverse head and shoulders supporting a move toward 0.6550.
Bitcoin continues its bullish momentum toward all-time highs, supported by a golden cross, strong ETF inflows, and tightening exchange supply amid Fed rate cut expectations.
The GBP/USD pair bounced to 1.3300 after soft US inflation data and a bullish engulfing pattern, with technicals pointing to a move toward the 1.3435 resistance level.
The EUR/USD pair turned bearish ahead of key inflation data, sliding toward 1.1065 as US-China tariff easing boosts the USD and traders eye support at 1.1000.
Gold prices declined sharply to near $3,235 amid easing global tensions and a stronger USD, with traders watching support at $3,165 and resistance at $3,300 for next moves.