Forex Daily Forecast, Analysis and Prediction

NZD/USD remains bearish after breaking below 0.58, with weak risk appetite, energy concerns, and US dollar strength keeping pressure on the Kiwi.

Copper is trying to define a new trading range, with the 50-day EMA near $6.20 offering support and long-term demand from AI and electrification keeping buyers interested.

USD/CAD remains bullish after pushing above the key 1.40 level, with strong US fundamentals and weaker Canadian data supporting further upside toward 1.41.

Silver is trying to stabilize above $60, but high rate sensitivity and volatile Middle East headlines keep the market vulnerable despite strong long-term demand.

USD/JPY continues to pressure a major long-term resistance area, with a move above 161 potentially opening the door to a significant bullish breakout.

Gold remains under pressure near $4,000, with weak price action suggesting sellers still control the market despite softer US yields.

EUR/USD remains bearish despite the ECB rate hike, as weak price action and resistance near the 200-day EMA keep sellers focused on 1.14.

AUD/USD is trading at a critical technical area near 0.6950, with the 200-day EMA and shifting rate expectations likely to determine the next major move.

USD/MXN remains rangebound after failing at 17.50, with Mexico’s interest rate advantage keeping sellers active on short-term rallies.

USD/JPY remains bullish as the dollar presses against a major long-term resistance zone, though potential BOJ intervention could create sharp short-term volatility.

EUR/CAD is trading sideways near 1.61 as the ECB decision, oil prices, and a negligible rate differential keep the pair trapped in a tight range.

AUD/USD is attempting to recover from support above 0.70, but the next move depends heavily on US yields and whether buyers can clear 0.7150.

USD/CHF remains bullish as the pair consolidates near 0.80, with the US yield advantage and carry trade supporting a potential breakout toward 0.82.

Silver remains bearish for traders as elevated rates pressure prices, but long-term demand from AI, electrification, and tight supply keeps the investment case alive.

NZD/USD remains vulnerable as dollar strength and weak sentiment weigh on the Kiwi, with 0.5800 support and the 200-day EMA acting as key technical levels.