Forex Daily Forecast, Analysis and Prediction

GBP/USD gains momentum, surging above the 200-day EMA amid falling US bond yields and softer ISM PMI data

The Australian Dollar continues to decline as a US-led trade war seems to be underway, sinking stock markets, commodity prices, and risk appetite.

EUR/CHF surged on Monday, bouncing from 0.9350 as risk appetite drove gains.

EUR/JPY surged on Monday, testing the 158 level before retreating slightly. The 155 level remains strong support, while a breakout above 160, near the 50-day EMA, could signal further bullish momentum.

The USD/CAD fell slightly on Monday, but buyers remain active near 1.44, with additional support at 1.43.

The USD/MXN remains range-bound near 20.50 as uncertainty over Trump’s tariffs keeps traders cautious.

BTC/USD pulls back after Trump's crypto reserve announcement, facing skepticism over implementation and congressional approval.

The GBP/USD pair continues its strong rally, reaching its highest level since December 17, driven by a weaker US dollar and improved UK economic data.

EUR/USD climbed to 1.0500 following strong EU inflation and PMI data, ahead of the ECB rate decision.

The USD/TRY pair remains in an upward trend as investors await Turkey's GDP data and Central Bank rate decisions.

The USD/JPY pair remains in a tight battle at the 150 level, a critical point for market direction.

The GBP/USD pair remains resilient as the UK secures a potential tariff exemption from the US, reinforcing pound strength.

The EUR/USD pair faces renewed selling pressure, falling to 1.0375 amid anticipation of the ECB rate cut and upcoming US tariffs.

Gold prices climbed to $2,876 per ounce as Trump’s tariffs and geopolitical risks fueled demand.

USD/MXN surged on tariff fears, hitting 20.6500 on Friday. With Trump’s tariff deadline approaching, traders face uncertainty.