Forex Daily Forecast, Analysis and Prediction

AUD/JPY is testing a major resistance barrier around 115 after a strong rally. The bullish setup remains intact, with a potential buy signal above 115.25 targeting 118 while 114 acts as the key stop level.

USD/CHF has regained bullish momentum after breaking above the 50-day EMA, supported by a hawkish Fed outlook and the SNB’s 0% rate policy. A break above 0.8150 could put 0.82 firmly in focus.

USD/JPY continues to grind higher as a hawkish Fed tone and carry trade demand support the dollar. The pair is testing 160, with 161–162 in focus if resistance breaks, while 158 remains key support.

NZD/USD reversed sharply after the Jackson Hole speech reinforced expectations of a more hawkish Federal Reserve. The Kiwi is now testing the important 0.59 support level, with a break lower potentially exposing 0.5850.

AUD/CHF continues to grind higher as carry trade momentum supports the Australian dollar. The bullish trend remains intact, with short-term pullbacks potentially attracting buyers and 0.58 emerging as the next key resistance level.

Interest rate expectations are creating near-term headwinds for Silver valuations, even as structural demand from the energy transition builds a persistent floor beneath the market.

USD/MXN: Is the Market’s Recent Calm Starting to Fade?

GBP/USD: Is Sterling’s Recent Strength Starting to Fade?

Bitcoin loses momentum after fresh ETF outflows and tighter rate expectations, but BTC/USD remains above key technical support. The bullish structure stays intact while 75,000 holds, with 81,300 still in focus.

GBP/USD retreats from key resistance as hawkish Fed signals boost rate hike expectations. Bears now eye 1.3470, while 1.3652 remains the key resistance level.

AUD/USD Forecast: Channel Breakdown Risk Below 0.7150

EUR/USD extends its pullback after Jackson Hole as Fed hike odds rise, with traders watching 1.1475 support, ECB expectations, inflation data, and PMI releases.

Reports from the Middle East indicate that Oman and Iran may have agreed to allow transit of oil tankers in the waters near the Musanadam Peninsula which is part of the southern coast of the Hormuz Strait. This is important....

Last week, the bullish momentum was evident. This week the picture is messier. The tape still holds, but it has also thinned.

The backdrop for this move hinges on the divergence between market expectations and Federal Reserve messaging. For weeks, traders positioned for US rate cuts starting in the spring, a narrative supported by softening inflation data and Fed communications.