Forex Daily Forecast, Analysis and Prediction

Gold's uptrend persists with buyers snapping dips near $2800-$2900, setting sights on the pivotal $3000 level.

Bitcoin remains in a tight range near $90K, with support and resistance levels setting the stage for a possible breakout.

The XRP price action has printed a bull flag in the daily chart timeframe, suggesting a strong upward trajectory. Its daily trading volume has further skyrocketed 71% to $$4.01 billion, indicating heightened market activity.

The Turkish lira extends its downward trend, with USD/TRY hitting new highs, despite President Erdoğan's optimism about economic growth and foreign investments.

EUR/USD faces resistance below 1.0500 as investor risk aversion strengthens the US dollar, with traders eyeing German elections and key US data releases.

USD/JPY extended its decline below 150 as BOJ policy signals strengthened the yen, with traders eyeing upcoming US economic data for further direction.

GBP/USD remains in an uptrend after reaching a two-month high, but overbought conditions and UK economic concerns could trigger a pullback.

Gold continues its bullish momentum after hitting $2,955, with traders anticipating a push toward $3,000 as economic uncertainty and central bank policies drive demand.

EUR/USD fell from strong resistance at 1.05, with the pair remaining in consolidation as traders monitor interest rate differentials and risk sentiment.

GBP/JPY reversed from 190 on Friday, with risk-off sentiment driving the pair lower as traders monitor key support at 188 and 187.

AUD/USD plunged on Friday as risk sentiment deteriorated, with traders eyeing key support at 0.63 amid tariff concerns and US economic strength.

CHF/JPY reversed from 168 on Friday, with the pair hovering near 166 support as traders favor the Yen amid risk sentiment shifts and SNB policy.

USD/ZAR remains near monthly lows as political uncertainty and economic concerns weigh on the Rand, with traders monitoring key support at 18.34.

USD/JPY declined on Friday amid BOJ tightening speculation and Fed uncertainty, with traders watching the 148.00 level for further downside potential.

Silver pulled back on Friday but held key support at $32.35, with traders monitoring gold’s movement and global trade uncertainty for direction.