Forex Daily Forecast, Analysis and Prediction

GBP/USD extends its decline as strong US PMI data, rising energy prices, Fed hike expectations, and a firm US Dollar keep bears in control.

EUR/USD extends its bearish trend as the US Dollar and crude oil prices rise, strong US PMI data supports Fed hike expectations, and technical momentum weakens.

King Crypto has shifted from defending lower support to testing levels that could reopen the path toward six-figure prices. The recovery has been notable because it has developed despite a challenging macro backdrop and after the recent failure of the CLARITY Act in the US Senate

Market expectations around the Federal Reserve have shifted in a more hawkish direction, with Kevin Warsh maintaining a hawkish stance. That keeps the possibility of higher US rates in the conversation, while Canada appears more likely to remain comparatively neutral.

Diplomacy has been underway between the U.S and Iran it appears and this has helped create more calm for WTI Crude Oil. However, conditions in the Middle East remain fragile, the Houthi and Saudi Arabia conflict remains a potentially large problem...

GBP/CHF remains bullish near key 1.0950 support. The current buy setup targets 1.1080 with a stop at 1.0900, while the 50-day EMA offers additional support.

Copper remains bullish near crucial $6.90 resistance. A confirmed breakout could target $7, while $6.50–$6.55 remains the key pullback support zone.

EUR/JPY remains a buy-on-dips market while holding above 178. A sustained move higher could target 182, while a break below 178 would weaken the bullish setup.

USD/CHF remains bullish after forming a hammer near support. A break above 0.8250 could open the way toward 0.8300, while 0.8150 remains key support.

AUD/JPY remains supported above 110 while testing 112 and the 50-day EMA. A sustained break higher could reopen the way toward the top of the 110–115 range.

NZD/USD remains bearish near key 0.5700 support after a 50-day/200-day EMA death cross. A break below could target 0.5650, while 0.5750 is near-term resistance.

GBP/USD Signal: Bearish Below 1.3300 | DailyForex

AUD/USD remains under pressure as the US Dollar steadies, with Australian jobs data, the RBA decision, Trump-Xi talks, and bearish chart patterns in focus.

BTC/USD holds near its highest level since January as Bitcoin ETF inflows, rising futures interest, lower oil prices, and bullish chart patterns support momentum.

EUR/USD extends its decline as Fed hike expectations, US Dollar strength, falling oil prices, and upcoming US and Eurozone PMI data keep sellers in control.