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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Gold remains in a strong uptrend ahead of the Fed rate decision. Key support at $3300 reinforces bullish outlook amid geopolitical and economic uncertainty.
EUR/USD remains bullish above key support at 1.1470. All eyes on today’s Fed announcement and Eurozone inflation figures to determine next move.
Silver breaks above $37, touching a level not seen since 2011. Learn what’s fueling the rally and how to trade it safely in today’s volatile market.
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Despite the Iran-Israel war, USD/ILS remains under 3.5000. Market shows resilience with focus on FOMC policy direction and key support at 3.4700.
Gold prices dip slightly as USD strengthens, but technicals remain bullish. A breakout above $3500 could lead to a rally toward $3800.
EUR/USD hovers near the 1.16 barrier with eyes on Wednesday’s FOMC statement. A daily close above could signal a major bullish breakout.
The GBP/USD pair dropped Tuesday as traders brace for the Fed’s interest rate announcement. Key support at 1.34 and resistance at 1.3650 define the range.
After an initial rally attempt, copper prices pulled back on Tuesday. With prices sitting on the 50 Day EMA, traders look to copper as a key economic growth indicator.
Despite gapping lower, crude oil quickly bounced as tensions between Israel and Iran escalate. Strong technical support at 200 Day EMA could trigger bullish continuation.
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A double bottom chart pattern at $1.3515 has caused a bullish reaction, but the bearish pressure seems too much to resist, with new resistance at $1.3467 holding the price down.
Aussie dollar holds firm ahead of major events. Traders eye 0.6600 if the Fed turns dovish or jobs data surprises. See key levels and signal setups.
Bitcoin dips on rising geopolitical tensions and ahead of the Fed decision. A bearish double-top chart pattern points to a possible drop toward $100,470 support.
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EUR/USD retreats as weak US retail sales and falling industrial output coincide with rising geopolitical tensions. A double-top pattern suggests further downside toward 1.1350.
USD/CAD attempts to recover as geopolitical tensions escalate. Key levels: 1.3750 resistance and 1.3425 support. Will the pair break out or face renewed pressure?
The US dollar climbs against the Japanese yen as traders weigh the Fed’s next move and global geopolitical threats. Critical level: ¥145 with the 50-day EMA in play.