Forex Daily Forecast, Analysis and Prediction

Gold continues to attract dip buyers near the 200-day EMA, but a move above $4,600 likely needs a sustained drop in US yields.

EUR/USD is stabilizing between the 200-day and 50-day EMAs, with lower US yields supporting a bounce while the pair remains trapped in its broader range.

Copper remains bullish long term but is struggling at $6.50 resistance, with traders watching for a pullback toward the 50-day EMA before buyers return.

USD/CAD remains bullish above the 200-day EMA, with pullbacks likely to attract buyers as traders target 1.3850 and 1.3950.

GBP/USD remains under pressure as dollar safety demand weighs on risk appetite, but the pound’s higher yield may keep losses limited near 1.34 and 1.33 support.

USD/MXN is approaching the 50-day EMA near 17.41, where sellers may look to fade the rally and target 17.20 as carry trade pressure favors the peso.

AUD/USD is testing the 50-day EMA after risk aversion pressured the pair, but RBA hawkishness and commodity strength keep the broader buy-the-dip outlook intact.

Silver remains neutral and rangebound, with $70 as support and $80 as resistance while traders wait for clearer signals from rates and geopolitics.

Natural gas is bouncing toward the 200-day EMA, but weak demand and limited bullish catalysts keep rallies vulnerable to selling pressure.

Gold remains choppy near the 200-day EMA as traders watch US yields and Middle East headlines, with $4,600 serving as the key short-term ceiling.

EUR/USD remains choppy near the 200-day EMA, with dollar strength still favored while the pair trades inside its broader 1.14–1.1850 range.

USD/MYR is trading higher as Middle East uncertainty supports cautious dollar demand, though resistance near 3.9810 may limit further upside.

USD/ILS remains strongly bearish as the shekel extends gains after the Bank of Israel rate cut, with traders watching 2.8230 and 2.8070 as downside targets.

The GBP/USD pair continues showing bearish pressure while inflation expectations and geopolitical uncertainty shape market sentiment.

EUR/USD remains under pressure after breaking below 1.1660, with US PCE inflation data and Iran-related risks keeping the bearish target near 1.1500.