Gold (XAU/USD) stays bullish after the Fed’s rate cut, with traders watching $3,560 support for new buy opportunities and resistance targets at $3,710–$3,760.
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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Polkadot (DOT) is pressing $4.52 resistance with bullish momentum, but the next daily closes will decide if it breaks toward $4.60–$5.00 or slides back toward $4.30.
The S&P 500 bounced from Fed-driven volatility to record highs near 6,660, but traders must watch 6,670 resistance and 6,649 support as choppy sentiment persists.
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The Nasdaq 100 is trading at record highs above 24,400 after the Fed cut rates, but traders should watch for volatility with 24,450 resistance and 24,401 support in play.
The US dollar weakened versus the Indian rupee, slipping under ₹88 as traders await the FOMC’s guidance, with key support at ₹87.40 and ₹87 in focus.
Meta stock slipped ahead of the Fed meeting, but strong AI prospects and key $500 support suggest buyers remain in control.
Ethereum continues to consolidate near $4,500, with the FOMC decision and Bitcoin’s momentum likely to determine its next explosive move.
The DAX continues to weaken, with 23,000 acting as critical support as German layoffs and global slowdown fears weigh heavily on the index.
USD/MXN rebounded on Wednesday, testing resistance at 18.50 as traders await the FOMC decision and press conference that could trigger sharp volatility.
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Contracting profit margins, a high debt-to-equity ratio, and falling income potential from fixed income do not bode well for this bank. Is a breakdown pending?
An excellent return on invested capital, superb operating margins, and a total shareholder return of almost 50% over the year make a compelling investment case. Should you buy the sell-off?
The launch of the first Dogecoin ETF ($DOJE) signals a new era for memecoin investing, with analysts predicting major inflows, rising legitimacy, and potential to ignite the next crypto bull run.
The Australian Dollar has been losing ground over most of this week but has jumped higher as the London session got underway today.
Silver pulled back before the FOMC, but traders eye $40 as strong support and a potential dovish Fed pivot that could spark a breakout above $45.
Bitcoin eased near $117K before the FOMC, with Fed policy set to decide if BTC rallies toward $120K or forms a bearish lower high.