Forex Daily Forecast, Analysis and Prediction

The Euro is testing the long-standing 0.8650 resistance against the British Pound, with potential for a pullback toward 0.8520 if it fails to break out.

EUR/USD has rallied strongly but may see a pullback to 1.1210 before resuming its bullish trend toward 1.1450 as markets await ECB and inflation data.

The British Pound tests 1.32 against the USD, hinting at a potential range between 1.30 and 1.32. Breakout or consolidation ahead?

Gold prices eased slightly on Monday following a massive rally, though the long-term uptrend remains intact with $3300 still in sight.

USD/JPY is showing signs of bottoming near 143, with interest rate differentials and recent technical support hinting at a potential short-term bounce.

The Euro backed off from recent highs as EUR/USD faces resistance near 1.14, with traders eyeing 1.12 as a likely support level amid US policy uncertainty.

The Turkish Lira remains steady near 38.00 as Finance Minister Şimşek highlights economic resilience and domestic investment focus amid global trade turmoil.

The GBP/USD pair remains in a strong uptrend above 1.3000, with technical momentum suggesting further gains toward 1.3300 as dollar weakness and risk sentiment support.

The USD/JPY pair remains under strong bearish pressure, with traders watching key support near 140.00 as sentiment, central bank policy, and yen strength shape direction.

Gold remains in a strong bullish trend above $3,200, with technicals suggesting a potential move toward $3,300 amid global uncertainty and rising bond yields.

The EUR/USD pair is holding bullish momentum near multi-year highs ahead of this week’s ECB rate decision, with traders eyeing 1.1500 as the key resistance.

The USD/MXN pair has retreated below 20.22 amid improved market sentiment and easing trade tensions, though volatility risks remain high.

WTI crude oil remains under pressure as a descending triangle pattern forms, signaling potential for further downside amid rising supply and recession fears.

The USD/ZAR has dipped below 19.00 amid a brief market calm, but upcoming tariff decisions and domestic concerns in South Africa could trigger fresh volatility.

The US dollar found support at ¥142 against the yen, signaling a potential reversal as traders weigh interest rate spreads and market sentiment into the weekend.