Bitcoin remains resilient as sentiment improves. ETF flows, exchange balances, accumulation and key technical levels are shaping market attention.
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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EUR/USD retains a constructive technical structure, while traders assess upcoming inflation, growth and central-bank signals.
EUR/JPY remains bullish as yen carry trade momentum supports the euro, with traders watching 185 support, the 50-day EMA, and 187.50 resistance.
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GBP/CHF remains supported by carry trade demand, with traders watching 1.10 breakout confirmation, 1.09 support, and a potential move toward 1.1250.
EUR/CHF rises as carry trade demand supports the euro, with traders watching ECB rate hike expectations, lower oil prices, and 0.93 support.
AUD/JPY rises as carry trade demand and widening rate differentials support the Aussie, with traders watching 115 resistance and a potential move toward
GBP/AUD remains range-bound as the pound slips below the 50-day EMA, with traders watching 1.90 support, 1.92 resistance, and short-term moves.
The $4,700 resistance zone has emerged as the pivot that separates two competing narratives: one in which Fed rate expectations remain anchored to terminal tightening, and another where fiscal pressure and real yield compression force a structural repricing...
Meta title: EUR/USD Stalls at 1.1700 Ahead of Jackson Hole
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Since last Wednesday USD centric weakness has helped pave the way in the broad Forex market for other currencies to gain. The South African Rand has certainly been part of the trend and it is now traversing territory that will raise eyebrows.
USD/CHF rebounds from 200-day EMA support as carry trade demand returns, with 0.7950 acting as key support and 0.82 as the upside target.
AUD/USD retreats ahead of key US macro data, but support above the 50-period EMA and easing RSI suggest a possible rebound toward 0.7250.
BTC/USD breaks above $80,000 as ETF inflows, crypto market strength, and bullish technical momentum keep Bitcoin targeting the 85,000 level.
Can GBP/USD Capitalise on the Bullish Breakout?
While rising bond yields and news of the Treasury Department doubling its buyback program has helped push the Aussie dollar to recent multi-month highs on dollar weakness, the pair took a breather on Monday