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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Gold pulled back slightly on Thursday as traders booked profits ahead of the Good Friday closure, but the broader uptrend remains strong above $3,200 support.
The US dollar is attempting to stabilize against the Canadian dollar near the 1.39 support zone, with trade tensions and technical levels influencing price action.
The British pound is showing signs of exhaustion near the 1.33 level against the US dollar, suggesting a pullback or consolidation may be on the horizon.
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Crude oil is attempting to stabilize above $60, with traders watching for a breakout above $63.50 as the market builds a case for a short-term upside.
Silver pulled back slightly from the $33 level early Thursday but remains in a bullish trend, with dips seen as potential buying opportunities.
The USD/TRY exchange rate recorded slight increases at the start of European trading. The pair has seen a shift over the past two weeks of trading from slightly
Currency traders failed to achieve an upward rebound for the USD/JPY currency pair; its slight gains did not exceed the 143.27 level, and it quickly returned
The bulls successfully propelled the EUR/USD currency pair, settling above the 1.1400 resistance to adopt a bullish stance ahead of the European Central Bank's
During yesterday's trading session, the GBP/USD currency pair jumped to the resistance level of 1.3292, the highest for the pair in six months, before settling
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A new historical record bullish breakout for the gold price index as gold bullion prices jumped to the resistance level of $3350 per ounce, the highest in gold
Solana (SOL) is once again in the spotlight as it tests a key technical level above $130. With crypto markets rebounding and investor attention returning to altcoins, SOL’s recent price action has many traders watching closely.
As the ECB prepares to announce a 0.25% rate cut at its policy meeting today, the bullish price action continues, but the price remains unable to break above the resistance level at $1.1430.
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The GBP/USD exchange rate continued its strong rally, reaching its highest level since October last year. It has risen in the past seven straight days, and is up by almost 10% from its lowest level this year.
Bitcoin price remains in a tight range this week as investors wait for the next major catalyst in the stocks and crypto industry. The BTC/USD pair was trading at 85,000, where it has remained at in the past few days.
the AUD/USD exchange rate rose to a crucial resistance after the strong Chinese, Australian, and United States economic numbers. The pair rose to 0.6370 on Thursday, its highest swing since February 21. It has jumped by 7.65% from the lowest point this month.