Forex Daily Forecast, Analysis and Prediction

USD/INR holds near 86.23 as optimism from the US tariff pause brings short-term calm, but traders remain wary of further global volatility.

Dogecoin (DOGE) is currently experiencing resistance near the $0.16 level and is trading at $0.15 with a decline of approximately 2.5% over the past 24 hours.

Despite making strong gains yesterday as risk assets recovered strongly following the Trump administration’s announcement of a 90-day pause on new tariffs above 10%, Bitcoin remains well within a technical downwards trend.

AUD/USD rebounds sharply after Trump pauses tariffs, forming a bullish engulfing pattern with eyes on 0.6275 as CPI data looms.

GBP/USD is pushing higher as tariff tensions ease and traders await US inflation data that could influence future Fed rate cuts.

EUR/USD consolidates after a bullish cup and handle pattern, as traders await US CPI data and digest Trump’s 90-day tariff pause.

The US dollar dropped sharply against the yen, breaking below ¥145 before finding tentative support, as safe-haven demand and risk-off flows dominate.

The Australian dollar is attempting to build a floor near 0.59 despite heavy bearish pressure from global tariff tensions and Chinese trade concerns.

Silver continues to consolidate around $30, with a potential breakout above $31 signaling the start of a sharp bullish move.

Bitcoin once again bounces off the key $75,000 level, signaling strong support as traders await clarity on global risk sentiment and tariff developments.

Gold rallies sharply from the $3000 level and 50-day EMA on Wednesday, reigniting bullish momentum and setting sights on the $3300 target.

Copper prices soar above $4 after Trump’s tariff pause sparks short covering, though China tensions may cap gains near the $4.50 resistance level.

West Texas Intermediate crude oil rebounds above $60 after Trump pauses global tariffs, though recession fears and China tensions keep pressure on.

The British pound fell back to key support at 1.2750 after Trump’s tariff pause sparked a US dollar rebound, with volatility driven by headlines.

The NASDAQ 100 surged over 11% mid-Wednesday after President Trump paused most global tariffs, excluding China, triggering a massive short-covering rally.