Forex Daily Forecast, Analysis and Prediction

The euro slid below 1.13 on Wednesday, signaling potential bearish momentum as traders watch key support at 1.1250–1.12 and resistance at 1.14–1.15.

The DAX retreated on Wednesday despite its strong bullish trend, as investors eye a potential value-buying opportunity following recent overextension.

Crude oil rallied on Wednesday as strong support near $60 and signs of a basing pattern suggest the market may be bottoming after a sharp selloff.

USD/CAD is testing a key resistance near 1.40 following a 3-bar reversal, but a breakdown below 1.37 could trigger broader USD weakness across FX markets.

AUD/USD is consolidating near 0.6420 but a breakout above the neckline of an inverse head and shoulders pattern could drive gains toward the 0.6600 level.

Bitcoin hovers above key support in a bullish continuation pattern, as rising ETF inflows and corporate buying point to a breakout toward $113,000.

GBP/USD is in a bullish continuation pattern above 1.3430, with a potential break toward 1.3590 as traders weigh Fed minutes, tariff-driven data, and PCE inflation.

The EUR/USD pair is forming a bullish inverse head and shoulders pattern near 1.1300 support, with potential for a breakout toward 1.1422 as key US data approaches.

EUR/USD remains in an upward trend, with traders eyeing 1.1420 resistance as Fed minutes and US-EU trade negotiations shape near-term sentiment and price action.

The euro slipped on Tuesday after failing to break 1.14 resistance, as mixed technical signals and tariff concerns raise doubts about sustained bullish momentum.

Gold prices remain above $3300 as traders await Fed minutes, with bullish momentum supported by technical indicators and key levels at $3380 and $3260 in play.

The USD/RUB remains steady near 79.73 despite escalating Russia–Ukraine tensions, with resistance at 80.50 proving strong as markets await further geopolitical signals.

USD/INR remains range-bound near 85.37 under RBI’s tight control, posing challenges for short-term traders despite visible trends and wide intraday spreads.

The US dollar surged against the yen after bouncing from 140, with bullish momentum targeting 145 and beyond, as interest rate gaps widen and BOJ easing looms.

The USD/MXN pair trades sideways as the peso holds firm on yield advantage and export demand, with technical signals pointing to further downside toward 19.00.