Forex Daily Forecast, Analysis and Prediction

USD/MYR is trading higher as Middle East uncertainty supports cautious dollar demand, though resistance near 3.9810 may limit further upside.

USD/ILS remains strongly bearish as the shekel extends gains after the Bank of Israel rate cut, with traders watching 2.8230 and 2.8070 as downside targets.

The GBP/USD pair continues showing bearish pressure while inflation expectations and geopolitical uncertainty shape market sentiment.

EUR/USD remains under pressure after breaking below 1.1660, with US PCE inflation data and Iran-related risks keeping the bearish target near 1.1500.

AUD/USD remains under pressure after softer inflation data, but the inverted head-and-shoulders pattern and 50-day EMA support keep the bullish rebound case alive.

Bitcoin remains under bearish pressure after breaking below $75,000, with ETF outflows and a rising wedge breakdown pointing toward $70,000.

Bitcoin continues to trade like a macro-driven asset near key support levels, while Hyperliquid (HYPE) outperforms on strong platform growth and rising on-chain activity.

USD/SGD remains under pressure as improved risk appetite weighs on the dollar, with traders watching 1.27600–1.27650 as the next key support zone.

USD/BRL remains cautious and rangebound near 5.03, with traders watching oil prices, Fed rate concerns, and Middle East headlines for direction.

NZD/USD remains under pressure as risk appetite weakens, with 0.58 acting as the key floor and any rebound likely capped near the 50-day EMA.

USD/JPY remains a buy-on-dips market as wide US-Japan rate differentials support the dollar, though 160–160.50 remains a major intervention-risk barrier.

Bitcoin continues to trade sideways near the 50-day EMA, with institutional inflows supporting the longer-term bullish case while $72,000 remains the key floor.

USD/CHF remains supported after bouncing from 0.78 and reclaiming the 50-day EMA, with the carry trade keeping bulls focused on 0.80.

EUR/JPY remains bullish above 185, supported by the 50-day EMA and rate differentials, with 187.50 emerging as the next key resistance zone.

USD/CAD continues to favor buying dips, with 1.3750 and the moving averages offering support as bulls target 1.39 and 1.3950.