Forex Daily Forecast, Analysis and Prediction

USD/JPY holds near ¥158 as US rates support the dollar. PCE data could determine the next move, with BoJ intervention remaining a key risk.

USD/CHF tests 0.8350 after a strong rally, with rate differentials favoring the dollar and 0.82 providing key support on a pullback.

Silver attempts a relief rally, but rising US rates may limit gains. XAG/USD faces key resistance near $65, while $60 remains critical support.

WTI crude oil enters October 2026 above the key $90 level, with Middle East developments likely to drive volatility. Traders should watch whether support holds or renewed geopolitical risk pushes oil prices higher.

Copper holds near $6.50 and the 50-day EMA as AI and electrification demand support the bullish outlook, despite pressure from rising US rates.

GBP/USD rebounds from 1.3202 as Fed rate expectations ease. Watch US Core PCE and 1.3277 resistance for the next potential move.

EUR/USD extended its decline, sliding to its lowest level since June as bond market stress in both the US and Europe intensified. The pair has now fallen for four consecutive weeks and sits 6.3% below its high for the year.

Bitcoin's price has pulled back over the past week as momentum faded. After climbing to $87,270, it gave up those gains and now trades at $83,473, as US bond yields surged and investors began booking profits. Still, the coin has formed a bullish flag pattern.

The AUD/USD pair slumped to 0.6985, its lowest level since July 30. The decline has been steep since the pair peaked at 0.7238 earlier this month, and it continued even after the Reserve Bank of Australia (RBA) delivered its fourth interest rate hike.

After a sharp selloff, Gold is trying to stabilize near an area that matters on the chart. That alone can attract buyers, particularly when the selling has become somewhat stretched.

Right now, the market is trying to weigh two forces that are closely connected. The interest-rate differential continues to favor the United States, while the energy situation remains a potential problem for Europe.

Silver drops nearly 5% as rising US rates pressure XAG/USD. The $60 level is key support, with a breakdown potentially exposing $56.

GBP/JPY rebounds from ¥207 support, with ¥210 the key breakout level and ¥212 the upside target as rate differentials favor the pound.

CAD/CHF remains supported by stronger oil prices and favorable rate differentials, with 0.58 acting as a floor and 0.59 the next upside target.

AUD/JPY trades near ¥110 ahead of the RBA decision. A hawkish signal could target ¥112, while a breakout may open the way toward ¥115.