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.
USD/CHF stabilizes near 0.79 support, where potential SNB backing and thin holiday liquidity keep the pair locked in a buy-the-dip range.
Silver surges above $70 and remains in a powerful uptrend, with pullbacks viewed as buying opportunities despite extreme overbought conditions.
Bitcoin remains within a consolidation pattern from $85 to $90k.
AUD/USD strengthens after hawkish RBA minutes, with rising momentum indicators supporting further gains toward the 0.68 level.
GBP/USD climbs to fresh multi-week highs as a softer US dollar and strong technical signals support further upside toward 1.37.
EUR/USD pushes toward the 1.19 area as strong US growth data and bullish technical signals outweigh concerns over weakening consumer confidence.
Gold tests fresh record highs as strong bullish momentum, geopolitical risks, and expectations of US rate cuts continue to support XAU/USD.
EUR/USD maintains an upward technical correction as traders focus on US economic data and growing expectations of Federal Reserve easing.
USD/BRL extends its rebound toward mid-2025 levels as sentiment shifts against the real ahead of Christmas-thinned trading.
USD/SGD resumes its downward bias ahead of the Christmas holidays as renewed USD weakness and thinning liquidity shape cautious trading conditions.
Bitcoin is setting up for a potential Santa Rally as bullish derivatives positioning, strong technical signals, and holiday liquidity point toward a $100K breakout.
The New Zealand dollar surged against the US dollar, but NZD/USD remains stuck in a tight range where short-term volatility favors range traders.
The British pound strengthened against the US dollar on Monday, but GBP/USD is nearing major resistance where the rally may pause unless broader dollar selling accelerates.
USD/JPY pulled back early in the week, but strong yield spreads continue to favor the US dollar despite short-term consolidation.
AUD/USD moved higher on Monday, but the 0.67 level remains a key ceiling as low holiday liquidity favors consolidation over a breakout.
