Bitcoin is stabilizing near the $60,000 support zone as calmer US yields help buyers defend the market, though $65,000 remains the key upside trigger.
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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Bitcoin is attempting a short-term rebound, but weak technicals, ETF outflows, and upcoming US CPI data keep the broader bearish outlook intact.
AUD/USD remains bearish as strong US jobs data, rising Fed hawkishness, and a stronger US dollar push sellers toward the 0.6950 target.
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EUR/USD is testing key support near 1.1500, with upcoming ECB and US CPI releases likely to determine whether the recent bearish trend extends toward 1.1400.
USD/CHF remains bullish as rising US yields and the interest rate differential support the dollar, with pullbacks near 0.7950 likely to attract buyers.
AUD/USD remains under pressure after hotter-than-expected US jobs data lifted yields, with rallies near 0.71 likely to attract sellers unless buyers reclaim 0.72.
AUD/JPY is correcting after breaking below the 50-day EMA, but the broader carry trade still favors buying value on signs of a bounce.
USD/HUF rallied on higher US yields, but the broader outlook remains bearish as traders look for exhaustion signals near key resistance levels.
With losses exceeding 3%, gold prices faced heavy selling pressure during last Friday's trading session. This pulled the price of the yellow metal down
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The Eurozone economy continues to suffer under the weight of high energy costs and weakening demand. With crucial European Central Bank (ECB) monetary policy
The EUR/USD currency pair broke down strongly last Friday and is continuing to move lower as the new week gets underway.
Silver is under heavy pressure after hot US jobs data lifted Treasury yields, leaving the 200-day EMA as the key level to watch before a possible drop toward $60.
Gold fell sharply as hot US jobs data lifted Treasury yields, leaving traders focused on Monday’s price action and whether $4,200 support comes into view.
The USD/MXN is near the 17.46100 mark with fast results and a wide spread early this Monday as the Middle East conflict has escalated in the past handful
EUR/USD broke lower after a hotter-than-expected US jobs report lifted Treasury yields, putting the 1.1450–1.14 support zone in focus.