AUD/USD falls after the hawkish Fed decision, but an inverted head-and-shoulders pattern keeps rebound hopes alive.
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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Bitcoin loses momentum after the hawkish Fed decision as ETF outflows and bearish technical signals pressure BTC/USD.
EUR/USD retreats after the hawkish Fed decision and strong US retail sales, with the pair still trapped inside a bearish channel.
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Gold holds its recent rebound as traders await the Federal Reserve decision for signals on the US dollar, yields, and the next XAU/USD move.
EUR/USD trades cautiously near 1.1600 as traders await the Federal Reserve decision for the next major directional signal.
USD/SGD trades sideways near lower levels as traders await the Federal Reserve decision and Kevin Warsh’s press conference.
USD/BRL trades near its lower short-term range as traders await the Federal Reserve decision for the next directional catalyst.
The DAX breaks above 25,000 but fails to hold gains as traders weigh German sentiment data, fiscal spending, and energy risks.
Bitcoin remains choppy after its recent rally, with traders watching $64,000 support and the 50-day EMA near $70,500.
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USD/CAD briefly breaks above 1.40 as Canadian weakness and a bullish Golden Cross keep buyers interested despite market hesitation.
CAD/JPY shows a potential bullish opportunity as buyers defend the 114 yen area and target a move toward 116.50.
USD/JPY continues to attract buyers on dips as strong rate differentials support the US Dollar near key multi-decade resistance.
Bitcoin acts as the key macro barometer while Solana shows stronger momentum, with traders watching BTC above $67,000 and SOL above $75.
GBP/USD remains choppy near the 50-day and 200-day EMAs as traders view the pair near fair value within its current range.
EUR/USD rebounds as US rates fall, but resistance near 1.1650 and European energy concerns may limit further upside.