EUR/USD breaks below 1.1500 after the Fed’s hawkish rate outlook, strengthening bearish momentum as traders watch 1.1465 support.
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
The USD/ILS is near 2.93950 this morning as a wide spread is being seen, but also as the currency pair holds onto its known range and financial institutions weigh their outlooks.
USD/MYR rises to mid-term highs as post-Fed nervousness lifts the US Dollar, though the pair’s long-term bearish trend remains in focus.
Top Regulated Brokers
Shiba Inu (SHIB) is trading under pressure today after losing momentum near the $0.000005 area. The token is down roughly 1.5% over the past 24 hours, with market capitalization sitting near $2.86 billion.
GBP/USD breaks below its month-long range after a hawkish Fed shift, with traders watching $1.3319 resistance and $1.3236 support.
Silver price analysis shows XAG/USD consolidating near $70, with lower rates supporting buyers and $60 acting as key downside support.
The NASDAQ 100 tests support near 30,000 as traders watch the gap below, AI momentum, and Middle East headlines for the next move.
EUR/USD trades near the middle of its consolidation range as traders weigh US yields, Middle East risks, and resistance at the 200-day EMA.
Crude oil tests the 200-day EMA during a recovery attempt, but sellers remain active as traders watch Middle East risks and $70 support.
Bonuses & Promotions
Gold trades sideways around the 200-day EMA as traders watch Middle East headlines, $4,000 support, and $4,600 resistance.
USD/CHF shows bullish momentum as interest rate differentials continue to support the US Dollar against the Swiss franc.
The CAC reverses early gains near 8,500 as traders watch luxury stocks, risk appetite, and key support levels around 8,300 and 8,000.
Bitcoin tests former ascending triangle resistance as support, with buyers stepping in while traders watch risk appetite and key upside levels
The British pound fell in reaction to the statements coming from the Federal Reserve press conference, as traders are now looking at a potential interest rate hike from Washington.
USD/JPY finds support near 160 yen again as interest rate differentials continue to favor the US Dollar’s broader uptrend.