AUD/USD holds near 0.6525 before the RBA decision and US CPI release, with a bearish flag and divergence signaling a potential drop to 0.6425.
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 surges past $120K on strong ETF inflows, weak US jobs data, and Fed rate cut expectations, with bulls targeting $123,200 in the near term.
GBP/USD extends its rally after the BoE’s rate cut, with a double-bottom pattern and strong technicals pointing toward 1.3600 ahead of key US CPI data.
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The EUR/USD trades near 1.1640 ahead of US inflation data, with a doji candle suggesting either a brief pullback toward 1.1550 or a push above 1.1700.
The PHLX Semiconductor Index (SOX) dropped by 16% year-to-date at the end of April but then soared over 32% by the end of July. Savvy investors made tremendous profits by understanding the underlying currents driving price action. The AI boom relies heavily on cutting-edge semiconductors, but should you buy after the massive rally? Learn about two semiconductor stocks that can push your portfolio higher.
The GBP/USD has gone into this weekend around 1.34510, this after starting last Monday near the 1.32860 vicinity, adding to the notion that the last month of trading in the currency pair has been rather choppy.
Small-cap stocks usually make the headlines for the wrong reasons, including massive price swings, fraudulent activity, and accounting scandals. Most investors prefer large-cap and mega-cap stocks, such as those in the Magnificent Seven. Still, small-cap stocks can provide diversification and boost the portfolio growth potential. Should you consider adding some underdogs, or is it best to allocate capital to market leaders?
WTI Crude Oil futures went into this weekend flirting with important mid-term lower realms and within sight of support barriers which many traders may believe are tempting to speculate upon.
Explore weekly insights on gold, NASDAQ, forex, and crypto. Key levels, trends, and what to watch for the week of August 11.
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The NASDAQ 100 erased its Thursday gains in a dramatic reversal, but longer-term bullish trends and nearby support levels hint at a potential recovery.
Ethereum rallied strongly on Thursday, eyeing a breakout above $4,000 as market sentiment improves and the 50-day EMA provides dynamic support.
The US dollar gained ground against the Swiss franc on Thursday, with rate differentials and US tariffs supporting a potential USD/CHF bottoming setup.
Apple stock surged above the 200-day EMA on Thursday, defying broader market weakness and setting up a potential breakout toward the $250 level.
The New Zealand dollar retreats after testing key resistance at the 50-day EMA, reflecting broader risk-off sentiment and Asia-Pacific market concerns.
The British pound rallies against the US dollar, challenging key resistance at 1.35 while traders weigh a possible head-and-shoulders retest and low-volume indecision.