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 Euro continues its volatile pattern between 1.12 and 1.13, suggesting a possible topping formation, with a break below 1.12 signaling deeper downside risk.
Crude oil briefly rallied Friday before retreating, yet holds bullish potential if $55 forms a double bottom and trade talks spark renewed demand optimism.
After a sharp rally, Bitcoin shows signs of overextension with likely profit-taking ahead, but remains bullish with support expected near the $100K–$95K range.
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After an initial selloff, gold rebounded on Friday, likely to remain volatile within a $3,200–$3,500 range amid trade tensions and speculative market behavior.
Markets have continued to see a recovery in stocks and other risky asset such as Bitcoin, with the US Dollar also gaining as the US Federal Reserve keeps interest rates unchanged with somewhat hawkish rhetoric.
Mixed signals across markets: Gold hesitates, USD gains, Bitcoin surges. Focus turns to trade talks and US inflation data.
WTI rebounds, but chart shows bearish pattern. Key drivers ahead: inflation data and US-China trade progress.
EUR/USD retests support, signaling a rebound. Key events ahead: US inflation, EU GDP, and China trade updates.
The euro continues to slide as dollar strength returns, with the 1.12 level now acting as a critical support zone that could dictate the pair’s next big move.
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The NASDAQ 100 surged on trade optimism and Trump’s comments, now testing key resistance at 20,400 ahead of US-China negotiations.
Silver remains trapped between $32 and $34, showing indecision around the 50-day EMA amid competing forces from US dollar strength and trade optimism.
The British Pound looks vulnerable after the Bank of England’s rate cut and US-UK trade deal, with GBP/USD facing strong resistance near 1.34 and support at 1.32.
The Mexican Peso traded quietly on Thursday despite global risk appetite, as USD/MXN remains in a tight range just below the 200-day EMA.
The US Dollar surged on Thursday as President Trump suggested possible tariff cuts on China, easing trade war fears and boosting global risk appetite.
Gold tumbled Thursday as a US-UK trade deal and upbeat rhetoric on China tariffs sparked a broad risk-on shift, undermining safe-haven demand.