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.
The South African rand has rebounded in the past 12 months, making it one of the best-performing currencies globally. The USD/ZAR exchange rate was trading at 16.04, down sharply from last year's high of 19.93. This retreat may continue after the pair formed a death cross pattern
The USD/MXN exchange rate continued its strong downward trend, reaching its lowest level since June 2024 as the Mexican peso gained momentum after the Supreme Court ruling on Donald Trump's tariffs. It dropped to 17.1325 on Friday, much lower than last year's high of 21.28.
The US dollar fell against the Mexican peso on Friday as we have seen a lot of various news releases and announcements in the USA during trading.
The GBP/USD exchange rate has retreated sharply in the past few weeks, moving from the year-to-date high of 1.3865 to the current 1.3478. It retreated after the UK published encouraging consumer inflation data on Wednesday.
Bitcoin price was stuck in a tight range on Monday, continuing a consolidation phase that has been going on for weeks. The BTC/USD pair was trading at 68,430 on Monday, down sharply from the all-time high of 126,200.
The AUD/USD exchange rate held steady near the year-to-date high of 0.7155 after key macro data from Australia and the United States. It was trading at 0.7085 on Monday as focus shifted to the upcoming US consumer confidence and Australia jobs report.
Weekly Forex Forecast – USD/JPY, AUD/USD, WTI Crude Oil, S&P 500 Index, Bitcoin, Gold
The WTI crude oil price continued rising, reaching its highest level since August last year. It jumped to $67, up sharply from last December’s low of $55, as tensions between the United States and Iran have escalated.
The EUR/USD exchange rate remained in a narrow range after a series of important events and macro data. It was trading at 1.1780, down from the year-to-date high of 1.2095.
Major markets outlook: USD pairs, S&P 500, Gold & Bitcoin. Key technical zones, breakouts and downside risks for the week ahead.
Coffee prices came under intense pressure as global supply dynamics improved despite the soaring Brazilian real. It dropped to a low of $2.80on Friday, its lowest level since July last year, and by 35% below the highest level in 2025.
The US dollar has rallied a bit during the early part of the trading session on Thursday as traders are looking forward to the PCE Price Index announcement on Friday.
The US dollar has been all over the place against the Canadian dollar during trading on Thursday, but still remains in the same range we have been in.
The New Zealand dollar has rallied slightly against the Swiss franc on Thursday, as we continue to see a lot of questions asked about the risk appetite of the overall market.
Bitcoin tried to rally a bit during the early hours on Thursday, but at this point in time, the market simply doesn’t have any real reason to get going.
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