Forex Daily Forecast, Analysis and Prediction

Gold continues its sharp rally as market uncertainty drives demand, with pullbacks likely offering strong buying opportunities toward the $3,300 target.

The EUR/USD pair remains in a strong bull run as the market remains concerned about the US economy. There are concerns in the investment community about the health of the US dollar as the safe haven after Donald Trump’s unilateral tariffs.

The NASDAQ 100 has been all over the place , The US dollar got absently hammered against the Canadian dollar ,The euro has spiked against the US dollar, as the bond market has been sold off , The British pound has been back and forth during the course of the trading week, touching the ¥190 level for resistance, and the ¥185 level as support

During the chaos on Thursday, we have seen the Swiss franc pick up almost 4% against the US dollar, as we have sliced through the 0.85 level, followed by the 0.84 level.

During the session on Thursday, we have seen the US dollar fall against almost everything, and the Canadian dollar was not any different.

The Euro rallied rather significantly during the trading session on Thursday, touching the 1.12 level, and even breaking above it at one point during the day.

The British pound has rallied rather significantly during the session on Thursday as we have seen the US dollar take it on the chin.

I would be selling this pair at the moment, but I also recognize that if we break above the 0.6275 level, then things could get much worse for the US dollar.

It's been a brutal day in the S&P 500 after the CPI numbers came out weaker than anticipated and you know, let's be honest here, the market got way ahead of itself during the previous session.

Indian stocks had a somewhat slightly negative trading session on Thursday, Friday could be a very volatile and ugly candlestick just waiting to happen.

Gold has exploded to the upside yet again during the trading session on Thursday as it looks like we are getting ready to take out the all-time highs.

The DAX has absolutely broken down during the course of the trading session here on Thursday, slamming into the 200 day EMA.

It's been a pretty rough day during the trading session on Thursday for the crude oil market and you can see that the market started falling in pre-market and the US China risk continue to be a major issue.

Get the Signals of the USD/TRY pair and the buy and sell levels for today, April 10, 2025 here.

USD/MYR pulls back slightly from 4.50 as traders weigh the impact of the US tariff pause, with short-term volatility likely due to China-US trade risks.