Forex Daily Forecast, Analysis and Prediction

RBI intervention has paused the rupee’s slide and anchored USD/INR above 90, but markets keep buying dollars on dips amid global risks and a still-supportive Fed outlook.

USD/CHF remains stable after CPI data, with SNB influence and long-term rate dynamics supporting a bullish bias within the current range.

EUR/USD continues to trade within its long-held range as dollar strength caps rallies near 1.18 and support remains near 1.15.

AUD/USD remains stuck in consolidation despite a small bounce, with weak momentum and firm USD strength keeping rallies as selling opportunities.

GBP/USD saw volatile trading after BoE and CPI releases, but key levels remain intact and the pound continues to show relative strength versus peers.

USD/JPY drifted lower after a CPI miss, but the broader uptrend remains supported by a persistent rate differential and strong long-term bullish bias.

Bitcoin remains in consolidation as it attempts to build a floor, with risk appetite and key levels determining whether recovery or deeper selling comes next.

USD/CAD remains volatile near 1.38, with soft CPI weighing short term but broader structure still supporting an eventual move higher.

Gold remains strongly bullish near record highs, with safe-haven demand and Fed expectations driving targets toward $4,400, $4,435, and $4,500.

EUR/USD climbs toward 1.1800 on Fed-driven dollar weakness, but overbought signals and policy uncertainty limit bullish momentum.

NZD/USD trades lower despite strong GDP figures, as nervous market sentiment and thin liquidity keep the pair hovering near key support around 0.5760.

USD/MYR continues its slow but steady decline after breaking 4.10, with multi-year lows signaling strong Ringgit momentum ahead of thin holiday trading.

Monero (XMR) has shown renewed strength in recent sessions, pushing above the $420 level and briefly testing the $430–$440 zone.

GBP/USD saw sharp swings ahead of the BoE decision, with dollar flows leading price action and key levels at 1.34–1.35 shaping the next move.

AUD/USD pulls back from range resistance as global risk sentiment dominates, keeping the pair neutral while volatility and key levels guide direction.