Forex Daily Forecast, Analysis and Prediction

The GBP/USD has gone into this weekend near the 1.37164 mark. The currency pair produced another steady round of gains the past week as it broke through highs seen in late May and the first week of June.

WTI Crude Oil went into the weekend near the 64.330 price, but clearly that is not the full story for the commodity as it received international attention in the midst of the Middle East conflict.

Major markets react to easing geopolitical risks. Crude dips, gold slides, and forex sees key breakouts in the week ahead.

Ethereum gave up early gains near the 200-day EMA, and while upside potential exists above $2525, momentum hinges on Bitcoin’s continued strength.

The euro is stabilizing against the British pound near 0.85, with technicals hinting at a possible bullish breakout toward the 0.8650 resistance zone.

Silver continues to find strong dip-buying interest as bullish momentum builds toward the $37.50 resistance, with long-term targets near $40.

Bitcoin continues to consolidate within a $100K–$112K range, with bullish sentiment favoring a breakout toward $120K while short-term dips attract buyers.

Gold continues to consolidate around its 50-day EMA, with traders watching $3,200 support and $3,500 resistance as central bank demand offsets fading geopolitical risk.

Crude oil prices stabilized at $65 on Thursday as the market digests geopolitical calm and weak U.S. GDP, with technicals suggesting a slow grind higher.

The NASDAQ 100 continues its breakout, supported by Nvidia's rally and fading tariff concerns, with traders eyeing 23,000 as the next bullish target.

EUR/USD remains strongly bullish near 3.5-year highs, but technical indicators and upcoming US economic data hint at a possible short-term correction.

Gold prices are attempting to stabilize above $3300 amid fading safe-haven demand and rising dollar strength, with $3400 acting as critical resistance.

The USD/MYR continues to decline toward support at 4.2000, with bearish pressure building ahead of key U.S. GDP data and possible Fed rate cuts.

The NZD/USD continues its bullish climb toward 0.6080 as USD weakness and potential Fed rate cuts support higher valuations.

USD/ZAR continues to hover near the 17.65 support level, with a possible double bottom signaling a rebound if the dollar strengthens further.