EUR/USD holds near recent highs as weak US data, rising global bond yields, FOMC minutes, and key technical levels shape the next move.
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
Gold Near $4,500: Why Conflicting Signals Keep It Unsettled?
EUR/USD: Why the Euro’s Slow Climb Faces a Test
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Platinum tests the 200-day EMA as Golden Cross potential, metals strength, industrial demand, and dip-buying interest support a possible breakout.
USD/ZAR: Why Is the Rand Struggling Despite Dollar Weakness?
GBP/CHF retests the 1.0950 breakout as carry trade demand, Pound strength, Swiss zero-rate policy, and dip-buying momentum support further upside.
USD/JPY rebounds from 158 support and the 200-day EMA as carry trade demand, resilient dip buying, and elevated US rates keep the Dollar supported.
Natural gas gaps lower as weak seasonal demand, heavy US storage, $3 resistance, and supply glut concerns keep rallies vulnerable to selling pressure.
EUR/CHF slips from the 0.94 area as Middle East risks, Swiss franc safety flows, carry trade support, and 50-day EMA demand shape the outlook.
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AUD/USD remains in an uptrend as traders watch FOMC minutes, Australian wage data, jobs figures, 50-day EMA support, and RBA expectations.
BTC/USD remains stuck in consolidation as ETF outflows, rising bond yields, stock market rotation, and weak crypto policy momentum pressure Bitcoin.
GBP/USD extends its rally as traders watch UK jobs data, US inflation, FOMC minutes, BoE expectations, and an inverted head-and-shoulders pattern.
EUR/USD pulls back after reaching a multi-month high as FOMC minutes, European inflation data, Middle East risks, and a shooting star pattern shape the outlook.
AUD/USD Rally Faces a Crucial Test From Jobs and Geopolitics
Bitcoin’s (BTC) recent price action is leaving traders with fewer reasons to dismiss the possibility of another leg lower.