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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The USD/ZAR pair is consolidating in a tight range as markets weigh mid-term uncertainty, with resistance near 18.26800 and support around 18.24050 shaping short-term momentum.
The USD/MXN pair has bounced off recent lows as USD strength returns, but with volatility and conflicting sentiment, resistance near 19.62500 may test bullish momentum.
Despite a retreat on USD strength, the AUD/USD pair may rebound to 0.6500 as trade optimism and technical patterns support a short-term bullish outlook.
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The GBP/USD pair has dropped sharply as USD strength surges on US-China trade hopes, with key UK and US economic data likely to drive further moves.
The EUR/USD pair broke key support as USD strength surged on US-China trade progress, with bearish momentum likely to persist ahead of US inflation data.
The Turkish lira continued its sharp decline against the U.S. dollar, losing over 30% in a week, with bearish pressure dominating amid oversold signals and weak fundamentals.
Gold prices remain under pressure near $3326 amid risk-on sentiment and U.S.–China trade optimism, with a possible break below $3220 signaling deeper losses.
USD/JPY extended gains to 146.28 on risk-on sentiment from US-China trade progress, with bulls eyeing 147.50–150.00 and key support holding near 145.00.
Despite broad USD strength, GBP/USD remains resilient near 1.3255, supported by UK–US trade deal optimism and risk-on sentiment ahead of key UK wage data.
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EUR/USD remains under pressure within a descending channel, with bearish momentum pointing to a possible break of 1.1130 support ahead of key U.S. inflation data.
The price has been stuck for a while below the big round number at $0.6000, consolidating between that resistant area and support at $0.5825.
AUD/USD is holding above key support within a bullish megaphone pattern, with a breakout toward 0.6500 likely as traders await U.S. inflation and Aussie jobs data.
BTC/USD is nearing the $108,250 resistance after forming a bullish cup-and-handle pattern, supported by strong ETF inflows and tightening exchange supply.
GBP/USD is consolidating within bullish technical patterns, with potential for a breakout toward 1.3430 as traders await key U.S. inflation and UK GDP data.
EUR/USD is testing key support near 1.1215 with potential for a rebound toward 1.1350, but US inflation and ECB commentary may drive volatility either way.