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
The AUD/USD pair surged toward 0.6600 as a weakening US dollar and upbeat Australian PMI data fueled bullish momentum, with bulls eyeing 0.6700 next.
BTC/USD is consolidating in a bullish pennant pattern above key support, with strong ETF inflows and favorable technicals pointing to a potential breakout toward $123,200.
The EUR/USD pair rallied strongly ahead of the ECB’s rate decision and a potential US-EU trade deal, with bulls eyeing the 1.1900–1.2000 range amid growing momentum.
Top Forex Brokers
.jpeg)
Ethereum shows signs of short-term weakness after forming a bearish pattern, with $3000 acting as critical support as traders eye Bitcoin’s next move.
Crude oil prices bounced off $65 support, forming a hammer candlestick as trade deals lift demand hopes, though excess OPEC supply caps gains within a $65–$70 range.
Meta Platforms stock continues consolidating in a bullish channel near $700, with potential upside to $750 if $720 breaks ahead of next week's earnings call.
Silver continues to press against the key $40 resistance level, with a breakout pointing toward $42.50, while dips to $39 remain bullish opportunities.
Gold remains in a bullish consolidation pattern, with dips toward the 50-day EMA and $3200 likely to attract buyers amid long-term upward momentum.
Tesla stock remains neutral ahead of its earnings release, with traders eyeing a breakout from its $292.50–$365 range depending on the results.
Bonuses & Promotions
The EUR/USD continues its gradual bullish climb, with solid support between 1.15–1.16 and upside targets at 1.18 and beyond, though momentum remains slow.
The S&P 500 continues its slow bullish climb toward the 6,400 level amid low-volume summer trading, with strong support near 6,300 and 6,200.
The EUR/USD pair shows strong bullish momentum, supported by technical indicators and market optimism ahead of the ECB decision and amid US dollar weakness.
Gold prices continue to rise toward the $3500 level as bullish sentiment strengthens, fueled by global trade tensions, a weaker US dollar, and supportive technical indicators.
The USD/BRL continues to consolidate within a narrow range around 5.5647 as financial institutions await clarity on US–Brazil trade negotiations, with volatility likely upon any breakthrough or breakdown.
The NZD/USD is gaining momentum above 0.60250 after bouncing from recent lows, with traders eyeing a test of 0.60500 if risk sentiment holds and U.S. data supports the move.