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.
Most Recent
Silver rallied off the 50-day EMA, testing resistance at $32, with further upside possible as market uncertainty boosts demand.
Ethereum tested the key $2000 support level, rebounding with bullish momentum, signaling a potential move toward $2400 amid market uncertainty.
Gold continued its rally on Tuesday, surpassing $2900 and setting sights on $2950 and $3000 amid a weaker US dollar and falling interest rates.
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The DAX bounced back on Tuesday, signaling continued bullish momentum as Germany exits recession and investors target key resistance at €23,000.
USD/RUB climbed amid Trump-Zelensky tensions, testing 90.0000 resistance as traders navigate geopolitical uncertainty and market stability.
USD/BRL climbed before Brazil’s Carnival holiday, with traders bracing for potential post-holiday volatility as global risks remain high.
Bitcoin tumbles below the 200-day EMA, with short-term risks pointing to $75K, while long-term investors may view the dip as a buying opportunity.
GBP/JPY seeks to recover, testing key resistance at 190, with potential upside toward 192 if risk appetite improves and yen weakness persists.
USD/INR remains volatile, testing 87.50 resistance, with potential for further gains toward 88 or consolidation between 86.50 and 87.50.
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USD/CHF declines amid broad dollar weakness, testing key support at the 200-day EMA, with potential for further downside or a rebound above 0.90.
USD/CAD bounces as the Canadian dollar weakens, with tariffs and economic uncertainty driving the pair higher despite broader US dollar weakness.
The GBP/USD pair is surging as falling US yields and growing Fed rate cut expectations drive momentum, with bulls setting sights on the 1.3000 level.
Bitcoin price is under pressure following Trump's tariffs on Canada and Mexico, but a rebound remains likely as markets adjust to the new normal.
The US-driven trade war is knocking the US Dollar hard, sending funds flowing into the Euro, putting this currency pair at the heart of the Forex market today.
The US dollar holds key support against the Swiss franc, with a potential rebound toward 0.90 as traders assess SNB rate policy and US interest rate expectations.