Forex Daily Forecast, Analysis and Prediction

Ethereum nears $3,600 support, eyeing the 50-day EMA, as Bitcoin's struggle at $100K hinders broader crypto momentum.

Silver rises toward $32.35 resistance, with CPI data expected to shape its trajectory as bulls eye the $35 level.

The GBP/USD pair remained in a tight range on Wednesday morning as traders waited for the upcoming US inflation data.

The BTC/USD pair remained under pressure as the recent surge in the cryptocurrency market waned.

The big round number is a major pivotal point, strong US CPI data today might cause a bearish breakdown below this level in line with the long-term trend.

The AUD/USD pair continued its downtrend after the Reserve Bank of Australia (RBA) left interest rates unchanged as was widely expected.

During my daily analysis of the USD/JPY pair, we broke above the crucial ¥152 level, an area that of course is rather important.

During my daily analysis of the major currency pairs around the world, the USD/CHF pair has captured my attention as we have seen a fairly significant bounce during the trading session on Tuesday.

In my daily analysis of exotic currency pairs, the USD/MYR currency pair has caught my attention as we are sitting between 2 of the biggest moving averages that traders follow.

In my daily analysis of the GBP/JPY pair, we have seen a lot of strength coming out of the British pound, or perhaps more to the point, we have seen a lot of weakness coming out of the Japanese yen.

During my daily analysis of Bitcoin, the first thing I noticed is that we of course are dropping again, and it looks like the $100,000 level will continue to see a lot of selling pressure.

Gold stabilizes near $2,658, supported by geopolitical tensions and safe-haven demand, with bulls targeting $2,700 resistance.

EUR/USD approaches 1.0500 support as risk aversion grows, with ECB decisions and US inflation data shaping near-term moves.

Copper rallies on inflation and potential Chinese stimulus, targeting $4.50 as support holds firm at $4.

The USD/BRL remains within sight of record price levels as financial institutions appear to remain nervous regarding Brazil’s fiscal policies and support levels prove durable.