Forex Daily Forecast, Analysis and Prediction

The British pound showed extreme volatility against the Japanese yen on Friday, testing the key ¥190 level before pulling back

Ethereum saw a sharp decline on Friday, briefly testing the crucial $2,000 support level before rebounding.

Natural gas markets dropped on Friday, signaling further downside as seasonal demand weakens. A recent double top formation and technical resistance suggest a bearish outlook, with support near $3.65 and a potential decline toward $3.50.

The USD/ZAR continues its upward momentum near 18.69 amid heightened global uncertainty, fueled by U.S. political disputes and concerns over South Africa’s coalition stability.

The US dollar regained strength against the Mexican peso on Friday, supported by tariff concerns and a slowing Mexican economy, keeping the pair in a key trading range.

The Swiss franc is finding strong support at ¥166 against the Japanese yen, with a potential breakout above ¥168 signaling broader yen weakness and new carry trade opportunities.

The USD/CAD pair saw a minor pullback on Friday, but key support at 1.43 and the 50-day EMA suggest continued strength, with a potential breakout above 1.45 signaling a longer-term move toward 1.50.

The euro steadies near 1.04, staying within its established range as tariff concerns and technical resistance at 1.05 limit upside potential.

The DAX continues to attract buyers on dips, consolidating around 22,500 with potential for further gains as Germany exits recession.

The British pound fluctuates against the US dollar, facing key support at 1.26 and resistance near 1.2750, as traders assess tariff risks and market trends.

The NASDAQ 100 is stabilizing near key support, with a potential breakout above 21,000 signaling renewed bullish momentum despite ongoing market uncertainties.

Bitcoin rose sharply a few hours ago after President Trump announced the creation of a strategic cryptocurrency reserve which would include holdings of Bitcoin.

The AUD/USD continues its sharp decline amid rising RBA rate cut expectations and US dollar strength, with key support at 0.6100 in focus.

The GBP/USD pair pulls back amid risk-off sentiment but is forming an inverse head & shoulders pattern, suggesting a potential rebound toward 1.2765.

The EUR/USD pair continues its decline after forming a double-top at 1.0505, with traders eyeing key economic data and a potential drop toward 1.0300.