Bitcoin is drifting lower but remains constructive above $72,000, with traders watching for a V-shaped bounce to retest the 200-day EMA and $84,000.
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
Bitcoin (BTC) spent the past week chopping around the $80,000 region as traders weighed renewed macro uncertainty against still-constructive institutional demand and improving crypto policy momentum.
USD/JPY continues to attract buyers on dips, with the 200-day EMA near 155 acting as support and 160–160.50 remaining the major upside target.
Top Regulated Brokers
EUR/USD remains pressured by rising US rates and Middle East risks, with 1.18–1.1850 capping upside and a break below 1.1680 threatening deeper losses.
USD/CAD is testing the 50-day EMA as dollar momentum builds, with 1.3750 the key breakout level and 1.36 as support if the move fades.
Bitcoin remains resilient despite risk aversion, with buyers defending pullbacks as the market eyes the 200-day EMA and a potential breakout above $84,000.
USD/CHF remains bullish as rising US rates and a wide yield differential favor the dollar, with 0.79 and 0.80 as the next upside targets.
Silver remains bullish but volatile, with buyers defending pullbacks while $90 caps upside and $80 offers key support.
Natural gas remains under pressure as weak seasonal demand keeps rallies capped, with traders still looking to sell exhaustion below the $3.00 ceiling.
Bonuses & Promotions
This currency pair has no trend or any real direction, indicating traders will likely be looking to trade reversals at either end of the dominant range.
This currency pair is still held in a range by strong resistance, but a bearish breakdown below $1.1725 is in sight as the steeper ascending trend line gets broken.
Gold remains volatile around the 50-day EMA, but buyers are still defending dips as traders watch for a breakout toward $4,880.
After making a new multi-month high, Bitcoin is stuck within a consolidating triangle, with bulls and bears very evenly matched. The first breakout could show the next major move.
Despite the short-term bearish trend, the pair remains near a 3-year high, but has traded without much direction for several days, making prediction challenging.
Bitcoin has pulled back a touch in the early part of the Monday session, as we are likely to continue to see the 200-Day EMA offering a bit of a wall.