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 fell again on Tuesday, with institutional trading behavior and fragile sentiment pressuring price action toward the critical $80,000 support level.
Rising operating losses, a disappointing full-year earnings-per-share outlook, and excessive valuations drive the bearish narrative. Should you scale back on Zscaler?
Increased competition in the beverage sector, a consumer push for healthier alternatives, and declining operating margins pose notable headwinds. Is the sugar high in Coca-Cola over?
A minor earnings beat, a slowing consumer, and the start of the crucial holiday shopping season create an engaging narrative. Is it time for a reversal by Walmart?
The US Dollar is on the back foot and hotter Australian inflation data released earlier has pushed up the Aussie as markets see a more hawkish rate path.
The US dollar fell against the yen on Tuesday amid Fed cut speculation, but strong support near ¥155 and a wide rate gap suggest the dip remains a buying opportunity.
The New Zealand dollar tested support near 0.56 on Tuesday but remains a weak performer against the US dollar, with resistance at 0.57 reinforcing the bearish trend.
The British Pound rallied against the Swiss franc on Tuesday as SNB resistance to franc strength lifted GBP/CHF above key technical levels, hinting at a potential bottom.
The euro rallied Tuesday on growing Fed rate cut expectations, but technical resistance near 1.17 and support at 1.14 suggest the EUR/USD remains vulnerable to reversals.
The Australian dollar bounced back on Tuesday, holding within its 0.64–0.67 range as shifting Fed rate cut bets continue to drive AUD/USD volatility.
Bitcoin's rebound to $87,500 is losing steam, with bearish technical patterns and weak ETF inflows hinting at a potential drop toward the $80,637 support zone.
GBP/USD hovers near 1.3200 as a bearish flag pattern forms, with traders eyeing Rachel Reeves’ budget speech and growing expectations of a December BoE rate cut.
EUR/USD remains under pressure below key technical levels as rising expectations of a December Fed rate cut and weak US data reinforce a bearish outlook.
Gold (XAU/USD) remains supported above $4000 as market uncertainty and growing Fed rate cut expectations buoy prices ahead of major US economic data.
EUR/USD holds in a tight bearish range as traders await pivotal US economic data, with a breakout likely depending on inflation and retail sales figures.
