Forex Daily Forecast, Analysis and Prediction

NASDAQ 100 futures rebound in thin holiday trading as buyers continue to defend key support near 30,000 and watch AI-led momentum.

The DAX continues to hover near 25,000 as traders weigh German stimulus hopes, Middle East energy risks, and key technical support.

Copper finds buyers after testing the 50-day EMA as long-term demand from AI, electrification, and supply constraints supports the bullish outlook.

AUD/USD rebounds after testing short-term support as traders weigh Fed rate expectations, commodity influence, and the pair’s broader range.

USD/JPY threatens a major upside breakout as Fed rate expectations support the US Dollar despite possible Bank of Japan intervention risks.

EUR/USD: Bears in Control

Gold drifts lower into the weekend as falling US rates fail to support prices, with traders watching $4,000 support and the 200-day EMA.

Silver remains under pressure despite falling US interest rates, as traders reassess inflation expectations and watch the $60-$70 range.

GBP/USD holds near the key 1.32 support floor as traders watch for a short-term rebound within the pair’s broader range.

EUR/USD rebounds from the key 1.14 support level as traders watch short-term risk appetite, the 200-day EMA, and resistance near 1.16.

WTI crude oil shows signs of forming a range as oversold conditions, thin holiday trading, and supply concerns support choppy price action.

AUD/USD trades under pressure ahead of Australia’s CPI and jobs data, with Fed hawkishness and weak technical momentum weighing on the pair.

Bitcoin holds above $64,000, but weak ETF demand, hawkish Fed pressure, and a bearish flag pattern keep BTC/USD at risk.

The daily chart shows that the GBP/USD pair has slumped in the past few months, moving from a high of 1.3657 in May this year to a low of 1.3165.