Forex Daily Forecast, Analysis and Prediction

Investors are now focused on the European Central Bank's decision today, Thursday, which could represent the next major test for the EUR/USD pair's performance

Gold is breaking down as elevated interest rates and energy inflation concerns weigh on sentiment, with traders now watching $4,000 as the next major support zone.

GBP/USD continues to trade in a tight 200-pip range, with the 200-day EMA acting as the key pivot and 1.33–1.35 defining support and resistance.

AUD/USD continues to weaken as traders price in a more hawkish Federal Reserve, with technical indicators pointing toward a possible move to 0.6950.

Technical analysis of USD//MYR with key levels, trend direction, and outlook.

Bitcoin remains vulnerable above the $60,000 support zone as ETF outflows, weak liquidity, and Fed hike risks keep the bearish outlook intact.

EUR/USD is struggling below key technical resistance as traders focus on the ECB rate decision and persistent inflation pressures on both sides of the Atlantic.

EUR/USD is trying to stabilize near range support, but US dollar strength and European energy risks continue to limit upside momentum.

Natural gas continues to grind sideways as weak seasonal demand keeps rallies vulnerable, with traders watching $3.00 support and $3.50 resistance.

GBP/USD remains relatively resilient against the dollar, with the 1.33–1.35 range guiding trade as US yields and central bank policy drive direction.

USD/CAD is approaching a major inflection point at 1.40, where a breakout could extend gains toward 1.41 while failure may trigger renewed selling.

Bitcoin is testing key support near $60,000 as broader risk aversion pressures crypto, while $64,000 remains the level bulls need to reclaim.

Silver remains under heavy selling pressure as its usual rate correlation breaks down, leaving $60 as the next major downside level.

USD/JPY remains firmly bullish above 160.00, with traders watching the historic 160.50 resistance area for a potential breakout toward 165.00.

Bitcoin weakens toward the $60K zone amid ETF outflows and macro pressure, while Canton (CC) shows resilience and relative strength.