Forex Daily Forecast, Analysis and Prediction

GBP/USD trades flat near 1.3387 as traders watch US PPI data, Kevin Warsh testimony, UK GDP, and bearish divergence signals.

AUD/USD holds near 0.6975 after softer US CPI, but a bearish flag, Fed uncertainty, PPI data, and geopolitical risks keep downside pressure in focus.

BTC/USD shows bottoming signs as softer US inflation, risk-on sentiment, bullish technical patterns, and Fed expectations lift Bitcoin.

EUR/USD Is Starting to Show Bullish Impulsive Buying

USD/SGD plunges below 1.2900 after weaker US CPI data, with traders watching the 50-day EMA, 200-day EMA, and Dollar weakness.

Gold has just tested and briefly cleared a major support zone, with the price spiking to $4,100 after today’s US CPI print came in at 3.5% versus 3.8% expected.

Euro Is About to Break Its 1.14 Stalemate – Will US Rates Force a Selloff?

USD/ZAR Is About to Test War-Driven Highs – Will Resistance Force a Reversal?

NZD/USD rallies from a V-shaped bottom as traders watch 0.58 resistance, the 50-day EMA, risk appetite, and US Dollar demand.

GBP/JPY rises as the carry trade strengthens, with traders watching yen weakness, interest rate differentials, 215 support, and 220 resistance.

USD/CHF tests 0.8150 after a bullish flag breakout, with US rate advantage, SNB policy, and upside potential toward 0.84 in focus.

GBP/USD: Seeing a Bearish Turn in the Trend?

AUD/USD weakens as US Dollar strength, US CPI expectations, geopolitical tensions, and a bearish flag pattern pressure the Aussie.

BTC/USD slips as geopolitical tensions, rising oil prices, Fed rate hike risks, and US CPI expectations pressure Bitcoin and broader risk assets.

EUR/USD weakens as US Dollar strength, Fed rate hike signals, CPI expectations, and a bearish flag breakout pressure the Euro.