Forex Daily Forecast, Analysis and Prediction

GBP/USD remains under pressure as geopolitical risks and rising US and UK bond yields weigh on sentiment. The pair has broken below key technical support, with bearish momentum now pointing toward the 1.3450 area.

EUR/USD Forex Signal: Bears Eye a Break Below 1.1574

Gold is testing the 200-day EMA at a critical juncture. Following Fed communications at Jackson Hole, particularly Vice Chair Warsh's flat-out denial of rate-cut urgency, the market has shifted its forward repricing toward a hold-pause regime.

USD/MXN: Fight Lower Remains Incremental and Consistent

The Fed-ECB divergence has sharpened considerably. While ECB policymakers signal patience on future rate moves, Warsh's commentary on the Fed's policy optionality has reset market expectations around the persistence of restrictive monetary conditions.

USD/ZAR Forecast: Fed Uncertainty Drives Rand Volatility

EUR/JPY remains supported around the 185 level, where the 50-day EMA also comes into focus. Despite intervention concerns around the yen, rising yields and carry trade demand continue to favor buying dips.

GBP/USD Forex Signal 09/01: Bears Target 1.3500 Support

AUD/USD remains in a steady uptrend ahead of Australian GDP and major US employment data. The pair continues to trade above key technical indicators, keeping 0.7250 and the year-to-date high at 0.7278 in focus.

BTC/USD remains firm near recent highs as Bitcoin consolidates inside a bullish flag pattern. Price is still above the 200-day moving average, with $81,500 the first upside target and $85,000 in focus on a stronger breakout.

EUR/USD has rebounded after Friday’s pullback as traders prepare for major Eurozone inflation and US labor-market data. The bullish structure remains intact above key technical support, with 1.1710 the next upside level in focus.

USD/JPY has pulled back amid renewed fears of Japanese intervention but continues to attract buyers around the 50-day EMA. The wider interest rate differential and hawkish Fed outlook keep the longer-term bullish trend in focus.

Copper consolidates above $6.50 as supply tightens and inventories fall, while long-term demand from electrification supports the bullish outlook.

NZD/USD remains near the middle of its broader 0.57–0.61 range after failing to hold above 0.60. Rising US Treasury yields keep pressure on the Kiwi, while a decisive break above 0.60 would improve the bullish outlook.

USD/CHF is consolidating below 0.81 after an early-week gap lower, while rising US yields and the wide US-Swiss rate differential continue to support the bullish outlook. A break above 0.8140 would activate the signal targeting 0.8311.