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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The British pound held around the key 1.32 level on Thursday amid growing US dollar strength and shifting expectations for Fed rate cuts.
WTI crude oil tumbled from recent highs on Thursday as geopolitical tensions and Trump’s remarks on Russian oil triggered a sharp reversal into summer’s trading range.
The Euro remains under pressure below 1.15 as the US dollar strengthens on Fed policy expectations, with the upcoming jobs report poised to set the tone.
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Silver tumbled on Thursday as Fed hawkishness boosted the US dollar, putting the metal's uptrend at risk ahead of Friday’s crucial jobs data.
Natural gas bounced off the key $3.00 support level on Thursday, but seasonal demand weakness and a looming death cross suggest downside risks remain.
The US dollar continues to gain against the Japanese yen, with a break above 151 potentially targeting 156.5 as policy divergence deepens.
The Nasdaq 100 experienced volatile Thursday trading, with a short-term pullback expected before potentially resuming its bullish trend.
Gold remains trapped in a $300 range as traders await Friday’s US jobs report, with long-term bullish bias favoring buy-the-dip strategies.
The Aussie dollar shows bearish signals as it struggles below the 200-day EMA, with Friday’s jobs report poised to determine the next major move.
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The USD/CAD pair extends its rally as US dollar momentum strengthens ahead of the US jobs report, while Canadian trade headwinds mount.
The S&P 500 remains in a strong uptrend heading into August, with low volume suggesting shallow pullbacks before buyers aim for the 6500 level.
Crude oil is expected to continue its choppy sideways range in August between $65 and $70 as traders weigh OPEC output against global trade uncertainty.
The NASDAQ 100 remains in a strong uptrend heading into August, with light volume likely but bulls targeting 24,000–25,000 on any short-term dip.
Gold enters August 2025 locked in a $300 range, with key levels at $3200 and $3500 as summer volume lulls and macro catalysts remain elusive.
The USD/MXN pair enters August in a choppy consolidation phase, with limited volume and resistance near 19.00 as peso strength continues to dominate.