The battle for the 98.0 level in the US dollar is fierce, with both bulls and bears fighting here.

Recently, I’ve been analyzing the technical trends of several major currency pairs and have found some interesting signals.

First, EUR/USD, after rising for eight consecutive days in this cycle, has shown some signs of fatigue.
The price has been oscillating between 1.1800 and 1.1823, and although the overall trend remains upward, a short-term correction is indeed needed.
If the euro can hold steady above 1.1800, I think there’s still a chance to push toward 1.2000 or even 1.2200.
Conversely, if the euro falls below 1.1700, this rally will need to be reassessed.
The key support levels are at 1.1740 and 1.1680.

The AUD/USD performance is even more aggressive, approaching 0.7200 and hitting a nearly four-year high.
This indicates that a new upward cycle may have truly begun, and the most likely next move is to continue pushing higher.
If the Australian dollar breaks through 0.7200, the next targets should be 0.7300 or even 0.7500.
The entire rally could extend into mid-May.

Gold has also recently gained momentum, breaking through the $4,800 level.
This level is very critical because gold prices have repeatedly tested it before.
Once it stabilizes above 4,800, I am optimistic about it continuing to challenge the psychological barrier of 5,000, and it could even reach 5,200.

Bitcoin is also interesting; it has broken through the downtrend line, which usually indicates a potential reversal of the downward trend.
Currently consolidating near $76k, if it can break through this resistance, it may challenge $80k or even $85k.
All these technical signals together suggest that the market is brewing a rebound.
Especially for euro-related forex pairs, there could be new opportunities following the dollar’s movements.