Forex Daily Forecast, Analysis and Prediction

The US dollar has fallen during the bulk of the week against the Canadian dollar as we are now entering the so-called golden zone between the 50% Fibonacci retracement level and the 61.8% Fibonacci retracement level.

Gold pulls back slightly to kick off the Friday session, as traders continue kicking the market back and forth. There's a lot of confusion right now, with participants running a lot of different scenarios all at the same time.

Tame U.S. inflation has the Aussie dollar eyeing a potential breakout, but ongoing geopolitical tensions remain in focus. Discover key support and resistance levels worth watching..

NZD/USD rebounds from the 50-day EMA and reclaims the 200-day EMA as risk appetite, central bank divergence, and key resistance levels shape the outlook.

EUR/CAD remains trapped between flat moving averages as central bank stasis, oil exposure, energy risks, and short-term range trading dominate the outlook.

AUD/USD remains choppy near 0.7050 as Fed pause hopes, 50-day EMA support, commodity strength, and range trading shape the outlook.

USD/JPY keeps attracting dip buyers as carry trade demand, BoJ intervention risks, Japan’s debt burden, and wide rate differentials support the Dollar.

EUR/AUD bounces near key support as traders watch central bank uncertainty, stochastic signals, energy risks, and the broader range-bound structure.

AUD/JPY remains choppy near the 50-day EMA as BoJ intervention risks, carry trade demand, commodity strength, and risk appetite shape the outlook.

NZD/CHF rebounds from support as Golden Cross momentum, carry trade demand, Swiss zero-rate policy, and RBNZ hike expectations favor the Kiwi.

For the past month, Ethereum has been slowly repairing the damage from a long decline, grinding higher without much drama. The recovery is real, but it keeps running into the same problem: a ceiling just beneath a familiar round number that it has not managed to clear.

AUD/USD grinds higher as the US Dollar softens, with CPI relief, 50-day EMA support, commodity strength, and risk appetite shaping the outlook.