Forex Daily Forecast, Analysis and Prediction

EUR/USD pushes against 1.09 resistance, with technical and economic factors favoring short-term gains, though long-term risks remain.

Gold touches the key $3,000 level, with profit-taking expected, but strong bullish momentum and geopolitical risks suggest further upside potential.

Bitcoin continues to face resistance near $84K, as tighter Fed policies and institutional influence limit its upside momentum.

GBP/USD holds near 1.30, with traders watching for a breakout toward 1.35 or a potential pullback if support at 1.2880 fails.

USD/JPY attempts to stabilize near 149, with traders watching key levels for signs of a breakout or further downside toward 145.

USD/MXN breaks below 20 as easing trade tensions favor the peso, with traders watching key support at 19.75 and resistance near 21.00.

AUD/NZD tests key 200-day EMA support near 1.10, signaling potential weakness in AUD against USD while offering insights into broader currency trends.

The Euro gains against the Swiss Franc, driven by rising EU bond yields, with traders watching for potential pullbacks and a move toward the 0.9775 level.

USD/MXN stays under 20.00 as risk sentiment strengthens, but traders remain cautious ahead of U.S. retail sales data and the upcoming Fed decision.

USD/ZAR continues to trade near the lower end of its range, with traders watching U.S.-South Africa political tensions and key support and resistance levels

Bitcoin’s bullish momentum strengthens as analysts project a potential rally to $126K by June, supported by historical trends and technical patterns.

AUD/USD consolidates as markets anticipate the Fed’s policy stance and Australian jobs data, with technical signals suggesting a potential breakout.

Bitcoin has recovered after looking heavy at multi-month lows. The price is now consolidating below what looks to be a very pivotal point at $84,807.

GBP/USD holds a bullish outlook ahead of BoE and Fed decisions, with technical signals pointing to further upside despite recent UK economic weakness.

EUR/USD remains steady ahead of EU inflation data and the Fed’s policy decision, with traders watching for signals on future rate cuts and market momentum.