The British pound continues to find support near 1.3550 within a strong uptrend, with eyes on the 1.38 resistance level as steady bullish momentum builds.
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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USD/CAD may be forming a double bottom at 1.3550, with a breakout above 1.3750 potentially fueling a rally toward 1.3920 amid favorable US rate differentials.
Meta stock hovers below key resistance at $745–$750, with dip-buying favored as long as $680–$700 support holds, potentially targeting $800 on a breakout.
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The DAX index hesitates near record highs, with support at 23,500 and a potential grind higher toward 25,000 as investors remain cautiously optimistic.
Natural gas rallied Thursday amid heatwave support and EU demand, but long-term seasonal pressure and resistance near the 200-day EMA keep the bearish outlook intact.
The NASDAQ 100 continues to consolidate above 22,250, with persistent dip-buying and bullish structure pointing to upward momentum despite summer volatility.
Gold continues to trade sideways within the $3200–$3500 range, with external factors like Fed policy and global tensions keeping the market indecisive.
Silver hit strong resistance at $37.50, and a breakout on a daily close could trigger a bullish signal targeting $39.25, with strong support seen above $35.
The euro slipped slightly on Thursday, with traders watching key support at 1.16 and resistance at 1.18 as the broader uptrend remains intact.
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As of this morning’s trading the USD/ILS is flirting near the 3.30000 vicinity, this after challenging the 3.29300 yesterday and coming
The GBP/USD exchange rate continued its downward trend on Thursday as the market reacted to the ongoing trade war and the release of the Federal Reserve minutes
The EUR/USD exchange rate pulled back slightly, continuing a trend that started earlier this month when it peaked at 1.1826. It retreated to a low of 1.1720
Cardano (ADA) is trading around $0.63 today, showing signs of life after a quiet stretch of sideways movement. The crypto has gained roughly 5% in the last 24 hours and rebounded from recent lows as buyers step back in.
The AUD/USD exchange rate continued to consolidate on Thursday as market participants reacted to the Fed minutes, which came a day after the Reserve Bank
Bitcoin and the broader cryptocurrency market are back on the uptrend after spending weeks treading water amid multiple geopolitical flare-ups that rattled investors' nerves, reducing their appetite for risk.