EUR/USD holds near 1.1610 as Trump’s firing of Fed Governor Cook raises doubts about Fed independence, with support at 1.1570 and resistance at 1.1680.
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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USD/ZAR is trading near 17.71 with fast volatility, resistance at 17.7170, support at 17.7030, and US GDP data set to drive the next decisive move.
The Brazilian Real is holding firm near 5.4310 against the US dollar, with resistance at 5.4450 and US GDP data expected to spark volatility in USD/BRL.
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An excellent return on equity and outlook for future revenues from a rise in global defense spending provide growth catalysts. Low valuations and the recent idea by the US government add to bullish catalysts. Is there more upside ahead despite the recent massive rally?
The price has broken out of a bearish channel quite decisively but is struggling to make upwards progress despite being well supported at about $1.3450.
In a time when many analysts see equity markets, especially in the USA, as drastically overvalued, buying stocks which are especially undervalued can be a great move for holding or increasing value in an eventual downturn. Consider fortifying your portfolio by investing in some of these undervalued stocks.
An impressive earnings-per-share performance and excellent returns on assets, equity, and invested capital provide a solid foundation for growth. A recent partnership could spur the next bullish wave, but should you buy this AI company at its horizontal support zone?
The British pound gained slightly Tuesday but remains stuck between 1.34 and 1.36 as traders await clarity from the Federal Reserve on rate cuts.
The AUD/USD rebounded Tuesday but faces key tests at the 50 and 200-day EMAs, with a breakdown below 0.6450 likely triggering a sharp selloff.
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Amazon stock stayed rangebound below $230 on Tuesday, with traders eyeing Fed policy signals and strong support at $215 and $209.
Natural gas saw a short-term rally on Tuesday, but bearish fundamentals point toward $2.50 support, with $3.00 remaining the key ceiling.
Bitcoin is consolidating at the $110K level, with buyers looking for a breakout toward $115K–$120K, while the 200-day EMA at $103,750 remains critical support.
WTI crude oil reversed from $65 resistance on Tuesday, with bearish pressure pointing toward $62 and possibly $60 if supply and demand concerns persist.
The NASDAQ 100 is trending higher, supported by 23,250, as traders await Nvidia earnings that could drive a breakout toward the 24,000 resistance level.