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.
.webp)
The EUR/USD exchange rate was flat on Thursday as traders reacted mildly to the latest Federal Reserve minutes. It was trading at 1.1423, inside its recent range, as traders waited for the upcoming European Central Bank (ECB) minutes and statements from some key Fed officials.
Bitcoin price retreated for the second consecutive day, as geopolitical risks continued rising. The BTC/USD pair dropped to 62,100, a few points below this week’s high of over 64,000.
The AUD/USD pair remained in a tight range on Thursday as traders reacted to the latest Fed minutes and the escalating crisis in the Middle East. It was trading at 0.6930, where it has been in the past few days.
Nasdaq 100 bounces from the 28,500 support area as buyers defend the 50-day EMA, with traders watching 30,000 resistance and Middle East volatility.
USD/CHF rises as US Dollar strength, interest rate differentials, and safe-haven Swiss franc demand shape the next breakout attempt.
AUD/USD hovers near the 200-day EMA as traders watch 0.6950 resistance, commodity weakness, Dollar direction, and breakout risk.
USD/CAD remains in consolidation above 1.4150 as oil gains, US Dollar dip-buying, and key resistance near 1.42 guide short-term trading.
Gold gaps lower near $4,000 as rising US interest rates, geopolitical noise, and death cross risks pressure XAU/USD.
Silver drops sharply as geopolitical risk, rising US interest rates, Dollar strength, and a break toward $57 support pressure XAG/USD.
EUR/USD falls toward 1.1400 as rising US yields, geopolitical risk, Dollar strength, and a bearish flag pattern pressure the Euro.
GBP/USD holds near the 50-day EMA despite rising US rates, with traders watching 1.34 resistance, Pound resilience, and broader Dollar strength.
WTI crude oil jumps after renewed US strikes on Iran, with traders watching the $66 gap fill, summer range formation, and 200-day EMA resistance.
EUR/USD remains bearish ahead of Fed minutes as traders watch 1.1400 support, corrective rebound attempts, and US Dollar direction.
Gold remains range-bound with a bearish bias as traders await Fed minutes, with Dollar strength, Treasury yields, and $4,200 resistance shaping XAU/USD
USD/JPY holds support near 161 as value hunters buy dips, with US Dollar strength, Fed-BoJ divergence, and swap appeal supporting the bullish outlook.
.jpeg)
