XRP holds around 1.08 after a sharp weekly pullback, testing whether this bounce is a base for recovery or just relief inside a softer downtrend
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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USD/BRL trades in a higher band as Fed ambiguity and Middle East tensions fuel cautious USD strength, keeping Brazilian Real sentiment vulnerable in the near term.
EUR/USD attempts a fragile recovery as the Fed’s rate hold, bond market skepticism, and lingering technical damage leave this pair testing support with caution.
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USDINR short-term analysis today, highlighting upside risk, key resistance near 96.0000, recent selling momentum, and vital intraday risk levels for traders.
The New Zealand dollar tried to rally on Wednesday but has fallen significantly. With this, the Federal Reserve interest rate decision will be in focus today.
The Euro dropped early on Wednesday, as we are looking at this pair via the interest rate differential. I am interested in selling soon if we see momentum.
The Aussie dollar has fallen hard against the Swiss franc in the early part of the trading session on Wednesday, as traders are running to safety again. However, there is support right here.
The US dollar initially was a bit weak on Wednesday but has since bounced a bit as we are waiting for the interest rate decision coming out of the Federal Reserve.
The US dollar has pulled back in the early hours of the session on Wednesday, but with the Federal Reserve interest rate decision coming out, volatility is possible.
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The Euro dropped a bit in the early hours of Wednesday, only to turn around again against the Japanese yen.
The Euro has been noisy on Wednesday, as the EUR/CHF pair continues to be bullish, but we are a bit stretched heading into the Federal Reserve interest rate decision.
GBP/USD spiked after the Fed’s hawkish hold and ahead of the BOE, with bulls eyeing a break above 1.3400 and key support at 1.3340 in focus
The EUR/USD exchange rate jumped to its highest level since July 16 as investors reacted to the latest Federal Reserve decision. It jumped to a high of 1.1468, up by 1.28% from the lowest level this year, with focus now shifting to the coming macro data from the US and Europe.
Bitcoin's price has remained within a narrow range this week as investors focus on rising ETF outflows and a hawkish Federal Reserve. The BTC/USD pair was trading at 63,884 on Thursday, a few points above this month’s low of 57,655.
The AUD/USD pair wavered after the Federal Reserve delivered its interest rate decision and after Australia published a soft consumer inflation report. It was trading at 0.6957 ahead of key US macro data.