Forex Daily Forecast, Analysis and Prediction

NZD/USD tests the 200-day EMA as RBNZ rate expectations, US Dollar direction, and key levels at 0.5860 and 0.58 shape the next move.

GBP/USD holds near its highest level since May as US Dollar weakness, UK political change, mixed GDP data, and bullish momentum support Sterling.

AUD/USD retests 0.7000 as US Dollar weakness lifts the Aussie, but bearish flag pressure, retail sales data, and fading momentum point to downside risk.

BTC/USD holds near $65,000 as weak US inflation, risk-on sentiment, ETF inflows, and bullish technical patterns support a potential breakout.

EUR/USD jumps after softer US inflation data, but bearish flag resistance, retail sales, EU inflation, and Fed rate risks keep reversal pressure in focus.

GBP/JPY stalls near 218 as carry trade demand, Bank of Japan policy limits, yen weakness, and 215 support keep the broader uptrend intact.

EUR/CAD drops as Middle East tensions lift crude oil, strengthening the Canadian dollar while energy risks pressure the euro.

Copper rallies as lower US CPI weighs on the Dollar, with traders watching the 50-day EMA, strong demand, and resistance near $6.50.

NZD/USD rallies after cooler US CPI, testing the 200-day EMA and 61.8% Fibonacci level as traders watch 0.5865 breakout resistance.

CAD/JPY breaks above 115 as rising oil prices, Middle East tensions, yen weakness, and Bank of Japan policy constraints support the upside.

GBP/USD trades flat near 1.3387 as traders watch US PPI data, Kevin Warsh testimony, UK GDP, and bearish divergence signals.