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.
Industry-leading profit margins, solid market leadership, and a pending split into three publicly traded companies provide bullish catalysts. Is Honeywell International a buy after earnings?
EUR/USD is slightly bullish but remains capped by the 50-day EMA, with major resistance at 1.17 and volatility expected around the Fed and ECB rate decisions.
NZD/USD is rising cautiously toward resistance at $0.58 and the 50-day EMA, where signs of exhaustion may trigger a bearish reversal ahead of the FOMC decision.
The Nasdaq 100 held in a tight range Tuesday ahead of the FOMC decision, with bullish structure intact and key support near 25,000–25,500 suggesting more upside ahead.
USD/JPY fell sharply from the ¥153 resistance zone, hinting at a potential double top, with ¥150 emerging as a key support level ahead of major central bank decisions.
Superb returns on assets and equity, along with double-digit earnings-per-share growth, are bullish catalysts. Should you buy Mastercard ahead of its earnings data release?
Natural gas prices dipped toward key support near the 200-day EMA as the market transitions to the December contract, with colder weather and seasonal demand likely to fuel further upside.
USD/SGD is drifting lower near 1.29470 as traders await the Fed’s FOMC statement, with a dovish tone potentially triggering further downside in the pair.
Notably stronger than expected Australian inflation data has pushed the Aussie firmly higher.
Bitcoin has lost short-term momentum, dropping below key support levels, but a developing megaphone pattern suggests a potential for bullish volatility after the Fed decision.
GBP/USD remains under strong bearish pressure below the Supertrend indicator, with a potential drop to 1.3140 likely ahead of the FOMC decision amid weakening U.S. data.
EUR/USD is consolidating within a symmetrical triangle, with technical and fundamental signals pointing to a potential bullish breakout ahead of the FOMC and ECB rate decisions.
As expected, the EUR/USD price has remained within narrow ranges at the start of this week's trading, pending the market and investor reaction to the policy announcements from both the US Federal Reserve (Fed) and the European Central Bank (ECB).
Gold prices dropped below the key $4,000 level on Tuesday as easing geopolitical tensions and anticipation of a Fed rate cut triggered profit-taking and bearish momentum.
The euro continued its strong rally against the Japanese yen on Monday, fueled by risk-on sentiment and expectations of further yen weakness ahead of central bank meetings.
