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.
Bitcoin remains range-bound during low-liquidity holiday trading, with a breakout above $94,000 or a drop below $80,000 likely to define the next major move.
The US dollar eases against the yen in low-liquidity conditions, with USD/JPY likely consolidating between strong support near 155 and resistance around 158.
The US dollar weakens against the Canadian dollar as holiday liquidity fades, with USD/CAD testing long-term support near 1.3550.
USD/INR continues to attract buyers above the 90.00 level as structural pressures on the rupee outweigh central bank intervention.
NZD/USD is consolidating near its 200-day EMA, with a breakout above 0.59 or a drop below 0.58 likely to define the next directional move.
Ethereum remains range-bound above key support as traders wait for a Bitcoin-driven catalyst to confirm the next major move.
The Australian dollar is testing a key breakout zone above 0.67, but confirmation requires sustained price action amid low holiday liquidity.
Silver stays in a strong bullish trend with elevated volatility, as the $70 level acts as key support and short-term pullbacks favor dip buyers.
Excellent profit margins, new partnerships for its digital distribution strategy, and reasonable valuations combine for a bull case. Can the uptrend continue for AFLAC?
Contracting profit margins, failed growth initiatives, and weak sales growth with rising expenses drive a bearish narrative. Time to go all out on Allstate?
Excellent upside potential, new high-profile defense contracts, and long-term revenue prospects amid rising global defense spending stand out. More gains ahead for Northrop Grumman?
EUR/USD stays bullish but range-bound near 1.18 amid thin holiday liquidity, with support at 1.1690 and resistance at 1.1840 as traders await clearer momentum.
Gold remains strongly bullish after record highs above $4,500, supported by geopolitical risks and rate-cut hopes, with limited selling pressure despite holiday
EUR/USD shows cautious bullish momentum near 1.1800, but thin holiday liquidity and mixed US data may limit follow-through without a confirmed breakout.
Gold breaks above $4,500 to a new record high, driven by US dollar weakness, escalating geopolitical tensions, and expectations of future interest rate cuts.
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