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.
Goldman Sachs continued its strong advance ahead of the FOMC statement, supported by expectations of lower rates, a recent IPO acquisition, and upcoming earnings.
GBP/CHF softened slightly after a strong multi-week rebound, with traders watching support near 1.07 and interest-rate differentials that still favor the Pound.
Crude oil remains under pressure as failed rallies confirm persistent bearish momentum. Supply glut and weak demand cap prices below $60, with further downside likely absent a major shock.
Gold prices retreat slightly to $4176 amid US dollar strength and Fed uncertainty, but technicals remain bullish with traders eyeing $4300–$4340 on a breakout.
EUR/USD trades within an ascending channel near 1.1650, awaiting direction from key US jobs data and the Fed’s rate decision, with technical indicators hinting at a possible bullish continuation.
The S&P 500 hovers near recent highs as traders brace for Wednesday’s Fed decision, with cautious optimism and rate-cut hopes fueling near-term support.
The Nasdaq 100 hovers near recent highs ahead of Wednesday’s expected Fed rate cut, with traders watching closely for dovish signals that could ignite further gains.
A massive negative earnings shock, a significantly undervalued company, and a famed investor’s bullish case. Is a price action recovery ahead for Molina Healthcare?
A saturated and competitive market, 50%+ negative earnings-per-share growth, steep infrastructure costs, and a questionable AI push. Will the correction in GoDaddy continue?
Negative earnings in four out of the past five years, a promising AI future, and high valuations in an ultra-competitive market. Time to sell CrowdStrike after earnings?
The bearish double top and pattern of lower lows suggests a bearish consolidation is playing out.
AUD/USD trades above 0.6620 amid strong China data, sticky Australian inflation, and diverging Fed-RBA policy paths. A break above 0.6700 could signal extended bullish momentum toward 0.6750.
BTC/USD trades near $90,300 ahead of the Fed’s expected rate cut, but technical patterns—including a bearish flag and death cross—point to a potential drop toward $85,000. A break above $97,155 would invalidate the setup.
GBP/USD trades flat near 1.3325 as markets await the Fed’s expected 25 bps rate cut and potential BoE policy convergence. Technicals suggest bullish momentum toward 1.3500, though support at 1.3250 remains key.
USD/CAD tests key support as traders assess Fed policy direction. A bounce hints at recovery, but upcoming FOMC guidance will decide whether the pair breaks down or rallies.
