The US dollar remains elevated against the Indian rupee as Trump’s new 25% tariffs pressure India’s economy, with a breakout above ₹88.20 potentially triggering a rally toward ₹90.
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 Australian dollar is climbing against the Japanese yen, with risk-on sentiment pushing the pair higher toward ¥97.50, despite ongoing market volatility.
Meta stock continues to consolidate near $770 after strong earnings, signaling bullish momentum with a potential breakout above the $800 level on the horizon.
Top Regulated Brokers
Declining profit margins, high valuations, and a share price that overshot its average consensus were the prelude to a post-earnings sell-off. Is the recent price action move a dead cat bounce?
Low valuations, a healthy return on assets, and expanding earnings per share have helped this stock mount a breakout. How will the economic slowdown and fresh tariffs impact its business model? What will follow the breakout?
The EUR/USD pair rallied early on Wednesday but remains vulnerable as bearish signals emerge near 1.18 resistance, with a potential breakdown below 1.15 triggering a deeper selloff.
The USD/JPY pair is stabilizing between key EMAs with strong interest rate differentials favoring the dollar, while 148 remains a critical resistance level to watch.
The British Pound rallied on Wednesday toward the 1.3350 resistance level, with traders watching closely for a breakout or potential pullback amid Fed uncertainty.
Gold remains bullish despite consolidation below $3,500, with traders watching support levels for buy-the-dip opportunities amid rising breakout potential.
Bonuses & Promotions
AUD/USD trades sideways near 0.6500 amid weakening US dollar and falling Australian inflation, as markets weigh likely rate cuts from both the Fed and RBA.
Bitcoin (BTC/USD) is forming a bullish flag above key support levels, signaling a potential surge toward $120,000 amid Fed rate cut expectations and institutional demand.
The GBP/USD pair rebounded toward key resistance at 1.3370 ahead of the BoE decision, but technical patterns and stagflation risks signal a likely bull trap.
The EUR/USD pair surged past the 50-day EMA to 1.1660 as Fed rate cut signals and upbeat Eurozone data boosted momentum, with 1.1825 now in focus.
Gold prices continue to climb toward the $3,400 mark as weak US economic data, rate cut expectations, and geopolitical tensions bolster safe-haven demand for XAU/USD.
The EUR/USD pair remains stable but under bearish pressure near 1.1570, as weaker-than-expected US jobs data limits losses while technical indicators point toward a potential drop below 1.1500.