USD/MXN experiences sharp moves as Mexico softens its stance on tariffs, with traders watching key support at 20 MXN for potential bullish continuation.
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 EUR/USD pair has dropped to a two-year low amid escalating US-EU trade tensions, with experts predicting further declines toward parity.
Gold prices hit all-time highs as global uncertainty drives safe-haven demand, with investors eyeing $3,000 amid ongoing tariff concerns.
The AUD/USD rebounded after an early selloff, but resistance at 0.62 and trade tensions may limit gains, with volatility expected ahead of US jobs data.
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The Nifty 50 dropped on global trade war concerns but is attempting to recover, with resistance at 23,600 rupees and potential upside if key levels are breached.
The British pound recovered after a sharp drop on U.S. tariff concerns, but resistance at 1.25 and ongoing volatility suggest further downside potential.
The euro fell on U.S. tariff concerns, briefly recovering before resuming its downtrend, with traders watching for a break below 1.02 to signal a move toward parity.
Natural gas jumped 10% on U.S.-Canada trade tensions, but with winter ending, traders eye exhaustion signals for potential shorting opportunities.
USD/BRL dropped to late-November 2024 levels as easing global tariff concerns provided stability, though traders remain cautious near key 5.8000 support.
USD/CAD experienced sharp volatility as tariff concerns spiked before easing after Canada secured a one-month delay, with traders now watching key support levels.
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Ethereum drops sharply on tariff concerns but finds support near $2200, with potential for a rebound toward $3000 amid ongoing market volatility.
The US dollar gains against the Swiss franc, with 0.92 as critical resistance—breaking above could signal a rally toward 0.95 or even parity.
Bitcoin tumbles on tariff fears but rebounds sharply as Mexico softens its stance, with traders eyeing a breakout above $108K–$110K.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold experiences major volatility amid new tariffs but remains in a strong uptrend, with traders targeting $2800 support and a potential climb toward $3000.
Other currencies are more in focus, this pair is on the sidelines for now.