Forex Daily Forecast, Analysis and Prediction

This currency pair has been gently descending over the past week or so: the move lower has not been what could be called especially strong. The major factors

Copper remains firmly bullish after finding support at $6.50, with growing demand from AI and electrification trends supporting a longer-term move toward $7.00.

Crude oil prices rebounded, which in turn fueled expectations that interest rates will remain elevated—an environment that is fundamentally negative for gold

Bitcoin is attempting to build a base after heavy selling, with institutional ETF demand helping support the longer-term case while $72,000 remains the key rebound target.

Recent Eurozone inflation data matched expectations but failed to provide sufficient support for the Euro. The single currency continues to fluctuate near

EUR/USD remains under pressure after forming a bearish flag pattern, with traders focusing on US jobs data and the potential for a move toward 1.1500.

Bitcoin remains under heavy bearish pressure as ETF outflows, rising liquidations, and rotation into record-high stock markets point toward a possible test of $60,190.

AUD/USD remains under pressure as rising geopolitical risks, a stronger US dollar, and a bearish flag formation increase the likelihood of a move toward 0.7000.

The USD/BRL closed near the 5.0600 level yesterday as the currency pair reached a new near-term high when it touched the 5.0915 mark briefly on Wednesday, this

USD/JPY remains bullish as the US rate advantage supports dip buying, but traders should stay cautious near the 160–160.50 intervention-risk zone.

USD/CAD remains bullish despite a short-term pullback, with buyers defending the 200-day EMA and targeting 1.39–1.3950.

GBP/USD remains supported as buyers target a break above 1.35, with dips near the 200-day EMA still viewed as buying opportunities.

Bitcoin’s breakdown below the critical $72,000 level has strengthened the bearish outlook, with traders now watching for a potential move toward $64,000.

EUR/NZD is failing to hold gains near 1.97, with a potential death cross and improving risk appetite pointing toward a possible move to 1.94.

GBP/JPY continues to favor the upside as the wide UK-Japan yield gap supports the pound, though resistance near 216 remains a key hurdle.