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 DAX gives up early gains, with support at 19,750 in focus, as traders weigh global uncertainty and potential bullish moves toward 20,500.
USD/PHP challenges the 59 level, with rising US bond yields boosting the dollar, as traders eye a potential breakout to 60 or support at 58.
NASDAQ 100 falters as Fed uncertainty and rising interest rates create headwinds, with downside risks targeting 20,000 amid liquidity concerns.
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EUR/USD gives up Thursday's gains, with structural EU issues and a strong US dollar driving the pair closer to parity while traders sell short-term rallies.
CAD/JPY rallies sharply, with yen weakness driving the move, as traders watch for value near 108.00 or a breakout above 111.50 for further upside.
Ethereum stabilizes at $3600, with potential to target $4000 if momentum builds, while $3500 and $3000 levels act as key support zones.
USD/CHF pulls back to 0.8950, holding support as diverging Fed and SNB policies favor further upside in the pair amid bullish momentum.
Bitcoin stabilizes at $100K, maintaining bullish momentum as traders watch for a breakout above recent highs or further dips to $95K as buying opportunities.
USD/CAD pulls back below 1.44, with bullish momentum remaining strong as traders watch for buying opportunities amid Canada’s economic challenges.
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USD/JPY breaks above 156.50, driven by BoJ inaction and Fed-related volatility, with bullish sentiment dominating despite seasonal market expectations.
The USD/INR jumped to new record high values early today and the 85.0000 ratio has been penetrated making this level a worthwhile consideration for speculators and financial institutions.
The USD/MYR climbed quickly as a response to the U.S Fed’s more hawkish sounding rhetoric than expected late yesterday, the USD/MYR is trading at values now last seen in the first week of August this year.
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The US Dollar has rallied significantly during the trading session on Wednesday after the FOMC meeting.
The US dollar initially rallied against the Malaysian ringgit during the trading session on Wednesday.
The crude oil markets in the United States, the West Texas Intermediate Crude Oil market.