GBP/USD holds near key resistance as traders watch US CPI, UK GDP data, weak NFP figures, BoE expectations, and bullish technical momentum.
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
EUR/USD consolidates ahead of US, German, and Italian CPI data as traders watch ECB expectations, Middle East risks, and bullish flag momentum.
Gold markets look a little stretched again on Tuesday, but stretched doesn't necessarily mean finished. After a stretch of persistent gains, traders are left wondering whether the move higher still has legs, or whether the market simply needs to catch its breath. That uncertainty
Top Regulated Brokers
The euro isn't going anywhere in a hurry, and that hesitation says more than any single move higher or lower could. When a market stalls like this, it usually means traders are waiting on something else to make the decision for them.
NZD/CHF holds a slow bullish setup as carry trade demand, SNB policy, Golden Cross momentum, and consolidation support longer-term Kiwi upside.
AUD/JPY rebounds as traders test recent BoJ intervention, with carry trade demand, 110 support, 200-day EMA strength, and yen weakness shaping the outlook.
NZD/USD remains choppy below 0.5900 as Fed rate hike bets, CPI and PPI data, Middle East energy risks, and 200-day EMA support shape the outlook.
USD/CHF bounces from the 50-day EMA as rate differentials, carry trade demand, positive swap, and key resistance levels support the Dollar.
USD/JPY bounces from the 200-day EMA as rate differentials, carry trade demand, rising US yields, and BoJ intervention risks support the Dollar.
Bonuses & Promotions
CAC 40 remains bullish as a pennant pattern, European market strength, luxury sector support, and dip-buying demand keep buyers focused on upside
CAD/JPY breaks above the 200-day EMA as carry trade demand, yen weakness, oil support, and rate differentials favor further Canadian Dollar upside.
USD/ZAR Creeps Higher: Why Are Traders Still Nervous?
AUD/USD pulls back after a dovish RBA decision as traders watch US CPI data, oil-driven inflation risks, and bearish flag pressure.
BTC/USD wavers as ETF inflows, Strategy sales, geopolitical risks, oil price gains, and Fed rate uncertainty keep Bitcoin trapped in a narrow range.
GBP/USD rises as weak US jobs data pressures the Dollar, while traders watch US CPI, UK GDP, Fed rate risks, and bullish technical signals.