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
Gold continues its powerful bullish trend, with traders awaiting the Fed’s guidance as $3500 looms as the next major resistance.
USD/JPY struggles to gain momentum near key resistance as markets brace for Fed comments, with 140 yen acting as critical support.
The euro remains range-bound between 1.13 and 1.15 as markets await the Federal Reserve's guidance for direction.
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Bitcoin remains in a holding pattern between $90,000 and $100,000 as traders await direction from the upcoming FOMC decision.
Crude oil appears to be forming a double bottom around $55, with traders eyeing a breakout above $60 depending on the FOMC outcome.
It was a volatile yet positive week for financial markets as progress on trade negotiations between the U.S. and China gave investors cause for hope and encouraged participants to wade back into the crypto markets.
Hint at a bearish price channel driving the price down into strong support below ₹84.22.
The AUD/USD pair has surged to multi-month highs but is showing signs of exhaustion, with a rising wedge pattern suggesting a possible pullback toward 0.6300.
BTC/USD remains rangebound near $95K as traders await the Fed’s interest rate decision, with bullish momentum hinging on a break above $97,880.
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GBP/USD approaches key resistance at 1.3435 following a UK-India trade deal, with potential for a bullish breakout ahead of BoE and Fed rate decisions.
The EUR/USD pair remains stable above 1.1300 as traders await central bank decisions, with Eurozone inflation data supporting bullish potential and technical signals mixed.
Gold prices rebound sharply toward $3400 amid renewed tariff tensions and investor anticipation of Federal Reserve policy cues, with bulls targeting the $4000 level.
The NASDAQ 100 bounced off the 200-day EMA on Monday, showing renewed bullish momentum with a potential breakout above 20,400 on the radar.
The German DAX rallied toward the critical €23,500 level on Monday, with traders anticipating a breakout while eyeing short-term pullbacks for entries.
The Australian dollar showed signs of exhaustion near the key 0.65 level on Monday, suggesting potential resistance as bullish momentum fades.