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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EUR/USD is holding above 1.1700 inside an ascending channel, with U.S. CPI and ECB policy updates set to determine whether bulls can push toward 1.1810 and beyond.
Gold hovers near $3,640 after setting a record high at $3,674, with Fed rate cut expectations and geopolitical risks fueling bullish momentum toward $3,700.
The USD/ILS steadied near 3.3360 after briefly spiking on Israel’s Qatar strike, with traders now awaiting U.S. inflation data to guide the next move.
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The USD/BRL remains range-bound near 5.4350, with U.S. inflation data expected to trigger volatility as traders prepare for the Fed’s September rate cut decision.
A rising debt-to-asset ratio and stagnant operating margins overshadow its AI appeal in the medium term. Will the bearish price channel lead META to the downside?
Excessive valuations and rising input costs threaten Walmart’s upside momentum. An uncertain economic outlook and waning consumer confidence magnify the bearish impact. How strong is resistance?
USD/JPY bounced back above the 50-day EMA after testing ¥146.50, with the pair likely to stay choppy until the Fed’s September 17 meeting.
GBP/CHF rebounded from 1.07 support, with risk appetite likely to decide if the pair can push above 1.08 and the 50-day EMA near 1.0845.
USD/MXN found support at 18.50 as traders weigh weak US jobs data and Mexico’s reliance on US demand, with volatility likely before a decisive breakout.
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NZD/USD struggled to hold above 0.5950, with RBNZ rate cuts and global trade risks pointing toward 0.5850 support unless buyers reclaim 0.60.
USD/CAD is consolidating near 1.38, with divergent jobs data and a sluggish oil market favoring a bullish breakout above the 200-day EMA toward 1.4025.
The euro failed for the third time at the 1.18 resistance barrier, keeping EUR/USD stuck in its 1.16–1.18 range as traders await key ECB and Fed updates.
Ethereum remains range-bound between $4,200 and $4,500, with a breakout above resistance needed to fuel a push toward $5,000.
The British pound faces heavy resistance at 1.36, with traders weighing U.S. recession risks against a potential breakout toward 1.38.
Bitcoin remains stuck near $113,000 resistance, with traders weighing Fed rate cut risks against the potential for a grind higher toward $120,000.