Top-notch profit margins, superb returns on assets and equity, and recent developments around Waymo support more upside for Alphabet. Will earnings keep the rally intact?
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
Despite a strong iPhone 17 launch, the absence of an AI strategy and the lack of cutting-edge innovation are evident at Apple. Will earnings magnify the recent slide?
Bitcoin is recovering firmly thanks to an increasing mood of risk-on sentiment in global markets today.
Top Regulated Brokers
AUD/USD remains under pressure near 0.6440 as rising expectations of an RBA rate cut and weak employment data point to further downside toward 0.6375.
The GBP/USD pair remains rangebound near 1.3425 as traders await UK inflation data, with technical patterns pointing to potential downside toward 1.3300.
The EUR/USD pair continues to consolidate near 1.1650 as traders await US-China trade updates and Friday’s US inflation report, with tight technical levels in focus.
The US dollar reversed early gains against the Mexican peso on Friday, with strong resistance and a persistent downtrend keeping selling pressure intact.
Nvidia is attempting to stabilize after recent weakness, with traders watching for a breakout above $185 to confirm renewed bullish momentum.
The NASDAQ 100 recovered on Friday, bouncing from key technical support and setting up for a potential breakout above 25,000 with bullish momentum building.
Bonuses & Promotions
Gold sold off on Friday after hitting $4400, with technicals suggesting a healthy pullback may be underway in an otherwise bullish long-term trend.
Silver faced sharp selling on Friday after touching $54, with overbought conditions and growing retail interest signaling caution as volatility returns.
The US dollar is finding support against the yen near the 150 level, suggesting a potential bullish reversal as interest rate differentials favor continued upside.
The British pound remains range-bound on Friday, trading between key moving averages as broader US dollar strength keeps upward momentum in check.
Crude oil prices continued to drop on Friday, with heavy selling pressure threatening the critical $55 support as oversupply concerns dominate the market.
The euro reversed early gains on Friday, reinforcing bearish momentum as the pair faces pressure below 1.17 and eyes key support near 1.16.