Forex Daily Forecast, Analysis and Prediction

Gold in euros tests the €4,000 level as debt concerns, Fed and ECB policy expectations, and a fresh Golden Cross keep the bullish outlook in focus.

CAC 40 pushes toward 8,500 as luxury stocks lead gains, with traders watching Nvidia earnings, Jackson Hole, energy prices, and a target near 8,725.

USD/CHF rallies into the 50-day EMA as carry trade demand supports the dollar, with traders watching Jackson Hole guidance and the 61.8% Fibonacci bounce.

USD/INR Forecast: Rupee Faces Fed Risk and RBI Policy Pressure

AUD/CHF remains supported by carry trade demand as the Aussie approaches 0.5775 resistance, with 0.5680 support and the 50-day EMA in focus.

USD/JPY buyers defend short-term dips as carry trade demand keeps the dollar supported, with traders watching 160 resistance and a possible move toward 162.

AUD/USD rises to its highest level since May as traders watch Fed guidance, US jobless claims, RBA minutes, and a bullish target near 0.7280.

BTC/USD slips after forming a shooting star candle, with traders watching profit-taking, US PCE data, Jackson Hole guidance, and 70,000 support.

EUR/USD pulls back ahead of Jackson Hole as traders weigh US GDP, PCE inflation, Fed guidance, and a potential bullish breakout toward 1.1800.

GBP/USD Forecast: Bearish Reversal Puts 1.3600 in Focus

Bitcoin whale wallets (addresses holding 1,000+ BTC) have added over 122,000 BTC in the past four weeks, according to CryptoQuant, a level that mirrors accumulation behavior observed in March 2024 before a 22% rally.

The USD/CAD trade hinges on two catalysts: first, the tariff negotiation timeline between the US and Canada, which has no set resolution date and shows signs of prolonging beyond consensus expectations; second, the divergence between Fed rate expectations and BoC easing.

...shifting sentiment and supply has proven to be enough via the Hormuz Strait and other global oil production and logistical operations to cause a rather steep reduction in WTI Crude Oil prices the past few days.

AUD/USD maintains a constructive structure as markets assess Australian inflation, US PCE data and key technical levels around the currency pair.

GBP/USD maintains a constructive structure as investors assess US inflation, growth and fresh signals on the Federal Reserve’s policy outlook.