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.
The EUR/USD pair has maintained a bullish tone as traders positioned themselves cautiously ahead of a series of crucial U.S. economic releases.
Gold (XAU/USD) started the trading week strong, recovering from last week's lows near $3268 to reach a resistance level around $3353 per ounce.
The USD/CHF pair fell during Monday’s trading session, as the U.S. dollar retraced some of its recent gains against the Swiss franc.
The USD/CAD currency pair remained largely rangebound during Monday’s trading session as Canadian national elections dominated headlines and created uncertainty.
Silver initially fell during trading on Monday, to reach the 50 Day EMA.
The EUR/JPY pair remains trapped in a sideways range between ¥161.50 and ¥164, driven by fluctuating risk sentiment and key technical levels.
Ethereum continues to search for a bottom around the 50-Day EMA, showing hesitant recovery signs amid weak risk appetite and critical technical levels.
The Euro is working off excess volatility by consolidating between 1.12 and 1.15, as traders cautiously assess risk sentiment and interest rate dynamics.
Bitcoin remains bullish despite showing signs of short-term fatigue near $94K, with potential pullbacks offering renewed buying opportunities toward $100K.
The Australian dollar is testing major resistance at the 200-day EMA, with traders awaiting a breakout to determine whether 0.67 or 0.62 comes next.
The NASDAQ 100 remains highly volatile as trade war headlines sway sentiment, with key support at 19,130 and potential upside targeting 20,000.
Gold continues to show resilience within its long-term uptrend, with recent pullbacks offering potential buying opportunities as global uncertainties persist.
After approaching close to the April low, the price seems to be trading between key support at 18.44 and key resistance at 18.74.
The AUD/USD pair is testing a major resistance at 0.6433, with a bullish breakout likely if upcoming US and Australia inflation data support further upside.
BTC/USD remains stable above $94,000 with a bullish pennant hinting at a breakout toward $99,000, fueled by rising institutional demand and optimistic forecasts.
