Forex Daily Forecast, Analysis and Prediction

The EUR/JPY pair surged above ¥173 on Friday, fueled by ongoing Japanese yen weakness amid BOJ bond market troubles and a strong Euro uptrend.

AUD/USD is weakening ahead of a critical week of economic events, with traders anticipating movement from Australia’s CPI and the Fed’s interest rate decision.

BTC/USD is consolidating within a bullish pennant formation, with key macroeconomic data and tech earnings poised to spark a breakout toward the $123,000 level.

The GBP/USD pair has formed a bearish head-and-shoulders pattern and is under pressure following soft UK retail sales, with key US data and the Fed in focus.

Meme stock trading can be either extremely profitable or disastrous to your bottom line. Here are some tips for trading a couple of hit meme stocks as safely as possible, carefully selected from a shortlist.

US and Asian stock markets rose to reach new highs, while the US Dollar again declined as Trump’s tariff deadline draws near.

The GBP/USD has gone into this weekend near the 1.34365 ratio, this after touching a high around the 1.35900 vicinity on early Thursday, showing volatility remains a staple of the Forex market for day traders.

WTI Crude Oil has gone into this week around the 64.640 price as the commodity returned to its lower technical range before the weekend started.

This week's market outlook covers DAX, copper, silver, gold, NASDAQ 100, USD/CAD, USD/JPY, and EUR/USD as summer trading drags on.

The British pound declined slightly against the US dollar, signaling possible consolidation despite its broader uptrend, with 1.3350 as support and 1.36 as resistance.

Nvidia continues its bullish breakout trajectory, with traders eyeing a break above $175 and potential gains toward $185, while dips to $165 are seen as buy zones.

The DAX index declined from key resistance at €24,600 following the ECB’s decision to pause rate changes, with strong technical support near €24,000 and the rising 50-day EMA.

Bitcoin remains firmly bullish, consolidating just under the $120,000 resistance with technical patterns suggesting a breakout toward $130,000 is likely.

The NZD/USD pair failed to hold early gains on Thursday, forming a shooting star near resistance at 0.61 as the pair remains trapped in a long-term range.

Silver rallied from a dip on Thursday as buyers remain active above $37.50, with bullish momentum and industrial demand supporting a push toward the $40 level.