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
Gold prices rebounded above the $3,000 level on Tuesday as value buyers returned following recent forced liquidations, but volatility remains a major factor.
Silver remains volatile near the $30 mark as traders weigh global trade tensions, with a possible breakout above $31 or a breakdown below $28 on the horizon.
Crude oil prices are attempting to stabilize around the key $60 level after a sharp decline, but oversupply and trade fears continue to weigh on sentiment.
Top Forex Brokers
The crypto market continued to tumble on Monday, April 7, as the global crypto market capitalization dropped more than 9%, wiping out more than $350 billion.
EUR/USD remains vulnerable amid escalating US-EU trade tensions, with the 1.0880 support in focus and a potential rebound only possible above 1.1000.
Gold prices are stabilizing near $3015 after recent losses, with strong support at $2955 indicating potential for recovery amid global trade and rate cut expectations.
The USD/BRL pair is trading cautiously near 5.91 as markets digest global tariff tensions and Chinese Yuan signals, with resistance at 5.9350 in focus.
The USD/SGD exchange rate climbed near 1.3500 on Tuesday as U.S.–China trade tensions and Yuan fluctuations sparked volatility and caution in the market.
The US dollar fluctuated sharply against the Swiss franc on Monday, with traders seeking safety as tariff-related volatility tested key support at 0.85.
Bonuses & Promotions
The price looks to be heading for $1.2700 after rejecting the resistance level confluent with $1.2800.
After gapping lower, the euro rebounded strongly against the yen on Monday, reflecting market resilience and setting up a potential test of the ¥165 level.
Copper bounced from the crucial $4 support level on Monday, reflecting market hopes for global trade stability and renewed demand from China.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
Crude oil tested the key $60 level on Monday as traders assess demand outlook and OPEC production increases amid global tariff concerns.
The British pound rebounded against the yen after gapping lower, with a bullish signal forming if price closes above the ¥190 resistance level.
AUD/USD continues its bearish momentum, breaking 2020 lows as trade tensions and technical patterns suggest a further drop toward the 0.5885 support level.