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 DAX continues to consolidate between 23,000 and 24,500, offering short-term trading setups as it tests the midpoint near the 50-day EMA with no clear breakout in sight.
The ongoing bidding war for Warner Bros, low valuations, and superb profit margins combine for a thrilling investment case. Is it time to tune in to Comcast?
A quarterly earnings miss, more capital expenditures next year, and heated competition from Amazon, Uber Eats, and Instacart create massive headwinds. Will the correction in DoorDash continue?
AUD/USD continues its upward trend within a rising channel, as USD weakness outweighs soft Australian data, keeping the bullish bias intact above $0.6550.
The New Zealand dollar is stalling below 0.58 resistance, with downside risks growing as global trade tensions and Fed uncertainty weigh on NZD/USD.
EUR/USD continues to struggle near 1.16 amid fading rallies and uncertainty ahead of the FOMC, with technical resistance and fundamental divergence favoring a mildly bearish outlook.
USD/CAD remains range-bound between 1.39 and 1.4150, with support from key moving averages and U.S. economic strength giving the pair a slight bullish bias.
GBP/USD faces bearish pressure below the 1.32 level amid technical resistance and expectations that U.S. economic strength will outpace the U.K., keeping the dollar favored.
USD/CHF is supported by a wide US–Swiss interest rate differential and Swiss National Bank concerns over franc strength, with pullbacks seen as buying opportunities above the 0.8000 level.
BTC/USD rebounds sharply above $92,000, forming a bullish engulfing pattern amid policy optimism and ETF demand, with a potential upside target of $96,000.
GBP/USD retreats to 1.3200 as bearish technical signals align with growing expectations of rate cuts from the BoE and Fed, pointing to a possible drop toward 1.3100.
EUR/USD remains flat near 1.1600 as bullish momentum fades, with traders eyeing Lagarde’s speech and key economic data for direction amid rising rate cut expectations.
Gold prices surged to $4265 as XAU/USD continues its bullish breakout trend, supported by Fed rate cut expectations and central bank gold purchases.
EUR/USD trades near 1.1600 in a neutral triangle pattern, with a breakout likely as traders await Eurozone inflation data and Fed policy clues, amid growing divergence between ECB and Fed outlooks.
USD/BRL continues to consolidate near 5.3571 within a well-defined range, with traders watching for potential breakout catalysts from the upcoming U.S. Federal Reserve interest rate decision.
