Strong operational statistics, extremely low valuations, and the recent push to enhance the adoption of its stablecoin, PYUSD, provide a platform for future growth. Is a price action reversal on the horizon?
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
Apple gaps higher as iPhone 17 demand boosts sentiment, with bullish technicals supported by the golden cross and broader NASDAQ risk-on momentum.
Bitcoin pulls back from $117K resistance, with traders eyeing $110K support and volatile moves ahead of this week’s central bank decisions.
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The US dollar weakens against the Swiss franc, with 0.79 acting as a key level—failure here could open a move to 0.75, depending on Fed policy and risk sentiment.
The New Zealand dollar edges higher above its EMAs, testing 0.60 resistance as global central bank decisions loom and commodity-driven volatility persists.
The German DAX compresses within a triangle pattern, with traders eyeing 24,600 on a breakout and 23,600–23,250 if global growth fears spark a sell-off.
Dovish tailwinds drop the US Dollar while risk-on sentiment is pushing the price slowly higher, despite the consolidation pattern below $1.1787.
The Australian dollar rallies cautiously, with AUD/USD targeting 0.67 while 0.6550 offers support as traders await the Fed’s interest rate decision.
The British pound edges toward a breakout above 1.36, with bullish potential toward 1.38 but volatility expected around this week’s Fed and BoE decisions.
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The Nasdaq 100 resumes its bullish climb, with buyers targeting 25,000 while pullbacks to 23,250 remain opportunities ahead of the Fed decision.
The US dollar drifts slightly lower against the yen, with USD/JPY stuck between 146.50 support and 149 resistance ahead of the Fed’s key rate decision.
The euro tests the 1.18 ceiling within its 1.16–1.18 range, with Fed policy set to determine whether EUR/USD breaks higher or stays range-bound.
AUD/USD breaks higher above 0.6625 resistance, with bullish momentum targeting 0.6750–0.6800 as traders await Fed and Australian jobs data.
BTC/USD steadies above $125K with ETF inflows supporting price, but weakening momentum signals risk of a pullback toward 107,100 before any push to 120,000.
GBP/USD extends gains above 1.3600 with bullish momentum, as traders watch UK and US data alongside diverging Fed and BoE policies.