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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The USD/CHF pair pushes toward 0.8950 resistance, with bullish momentum fueled by technical signals and rate differentials favoring further upside.
The daily analysis of the Euro at this point remains negative overall, and in the EUR/USD pair, I see this market as hanging around the 1.05 level.
The DAX continues to consolidate below 20,500, with bullish momentum building on expectations of ECB easing and potential gains toward 20,800.
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The GBP/USD pair rose slightly as traders prepared for the last busy week for the UK and the US of the year.
The AUD/USD exchange rate remained on edge at a crucial support level after the relatively weak Chinese economic numbers.
The EUR/USD exchange rate remained on edge as concerns about the German economy continued and as traders waited for the upcoming Federal Reserve decision. The pair,
Bitcoin has broken above the recent high around $105,000. The coming days will show whether this breakout will hold or collapse.
The USD/TRY pair climbs near record highs as inflation pressures persist, with analysts targeting further gains toward 35.00 and 35.10 amidst central bank caution.
Gold prices hover near $2,646, poised for recovery toward $2,700 if Fed signals dovishness or geopolitical risks revive safe-haven demand.
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The GBP/USD pair faces bearish pressure near 1.2615, with UK inflation and economic contraction influencing its path amid crucial central bank decisions.
The EUR/USD pair stays bearish below 1.05, with further losses likely as Eurozone economic pressures mount and US dollar strength dominates.
USD/JPY remains bullish near 153.60, with upcoming Fed and BOJ decisions driving potential moves toward 154.71+ or corrections to key support levels.
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The DAX consolidates near 20,500, with pullbacks seen as opportunities in a bullish trend supported by ECB easing and Germany's economic resilience.
During my daily analysis of major currency pairs, I continue to watch the USD/CHF pair, as it has been extraordinarily bullish as of late.
The CAC 40 hovers near 7,400 amidst technical noise and economic challenges, with resistance at 7,600 and a bearish bias favoring further weakness below 7,350.