Forex Daily Forecast, Analysis and Prediction

EUR/USD remains caught between stronger dollar-rate expectations and technical resistance near 1.17, with 1.15 providing an important downside reference.

Gold, silver, currencies and the Nasdaq ended the week with mixed signals as traders assessed interest rates, economic data and key technical levels.

Coffee Arabica has gone into this weekend near $292.00, this as bearish momentum continued to be seen in the commodity and large players apparently stood largely to the side as prices lowered throughout the week.

USD/CHF has bounced from the 50-day EMA after an early selloff, with the wide US-Swiss rate differential continuing to support the carry trade.

EUR/CHF has eased after Swiss inflation came in above expectations, but the broader bullish trend remains intact. The carry trade and widening rate differential continue to favor the euro, with dips still viewed as potential buying opportunities.

The CAC 40 is testing a key support zone around the 200-day EMA after four consecutive sessions of selling pressure.

AUD/JPY has pulled back sharply as Japanese yen strength dominates the pair, but the broader range remains intact.

AUD/CAD is consolidating just below parity as a bullish flag pattern develops. The 210 basis-point rate advantage in favor of Australia supports the upside, while Friday’s Canadian employment data could provide the next catalyst.

Natural gas is beginning to drift higher as seasonal demand expectations improve. The $3 level remains the key resistance zone, while potential European demand and colder-weather forecasts could support further gains later in the year.

GBP/JPY is attracting dip buyers after a sharp pullback, with the wide interest rate differential continuing to favor the British pound over the yen. Carry trade demand supports the broader bullish outlook, although Friday’s US jobs data could increase volatility.