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
USD/SGD declines as market sentiment improves, with traders eyeing key support at 1.35000 while monitoring US-China trade talks and economic data.
NZD/USD recovers from multi-year lows amid shifting sentiment, with traders eyeing resistance at 0.56800 and potential volatility from US trade policies.
US Dollar is in retreat as risk-on sentiment starts to take hold of markets.
Top Forex Brokers
AUD/USD recovers from recent lows as trade tensions ease, but technical indicators suggest a potential pullback ahead of key US jobs data.
GBP/USD climbs as trade tensions ease and weak US data fuels rate cut speculation, with a bullish inverse head and shoulders pattern targeting 1.2600.
BTC/USD is consolidating near $100K, with a bullish flag pattern suggesting a potential breakout toward $110K, barring a drop below key support at $91K.
The EUR/USD pair has dropped to a two-year low amid escalating US-EU trade tensions, with experts predicting further declines toward parity.
Gold prices hit all-time highs as global uncertainty drives safe-haven demand, with investors eyeing $3,000 amid ongoing tariff concerns.
The AUD/USD rebounded after an early selloff, but resistance at 0.62 and trade tensions may limit gains, with volatility expected ahead of US jobs data.
Bonuses & Promotions
The Nifty 50 dropped on global trade war concerns but is attempting to recover, with resistance at 23,600 rupees and potential upside if key levels are breached.
The British pound recovered after a sharp drop on U.S. tariff concerns, but resistance at 1.25 and ongoing volatility suggest further downside potential.
The euro fell on U.S. tariff concerns, briefly recovering before resuming its downtrend, with traders watching for a break below 1.02 to signal a move toward parity.
Natural gas jumped 10% on U.S.-Canada trade tensions, but with winter ending, traders eye exhaustion signals for potential shorting opportunities.
USD/BRL dropped to late-November 2024 levels as easing global tariff concerns provided stability, though traders remain cautious near key 5.8000 support.
USD/CAD experienced sharp volatility as tariff concerns spiked before easing after Canada secured a one-month delay, with traders now watching key support levels.