Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 pulls back ahead of pivotal US NFP data as traders reduce risk, interest rate expectations rise, and tech sentiment remains cautious.

AUD/USD remains under pressure ahead of US NFP data as bearish technical patterns, Fed expectations, and key support near 0.6828 shape the outlook.

BTC/USD stabilizes near $60,000 as ETF outflows, Strategy selling concerns, hawkish Fed signals, and long-term holder buying shape Bitcoin’s outlook.

EUR/USD turns bearish after softer European inflation, Kevin Warsh’s hawkish tone, and a death cross pattern ahead of key US NFP data.

Gold remains under bearish pressure near $4,000 as US Dollar strength, Fed rate hike expectations, weak technical indicators, and NFP data shape the outlook.

The EUR/USD currency pair is attempting to recover a portion of its losses at the start of July trading, after ending June with its steepest monthly bearish wave in several months. This comes amid persistent pressure stemming from slowing European inflation

The USD/SGD remains within the upper part of its mid-term price realm, the currency pair is near the 1.29625 ratio as of this writing with quick changes being displayed on trading platforms.

Bitcoin Below $60K: Strategy’s ‘Never Sell’ Pivot and What It Means for BTC Traders

The USD/BRL closed yesterday’s trading near the 5.1690 ratio, while some downside has been sustained over the past few days the currency pair remains within an elevated mid-term realm via a one month chart.

AUD/USD: Bearish Channel Persists

BTC/USD remains under pressure as Bitcoin ETF outflows, possible Strategy sales, stock market rotation, and bearish technical patterns weigh on the outlook.

GBP/USD steadies ahead of US jobs data and Warsh and Bailey speeches, but bearish head-and-shoulders and cup-and-handle patterns pressure the outlook.

EUR/USD retests key resistance near 1.1415 as traders watch Kevin Warsh’s speech, ECB comments, US jobs data, and bearish technical signals.

Copper remains noisy near the 50-day EMA as AI data center demand, electrification trends, limited supply, and $6 support keep buyers active.

USD/CAD remains choppy around the key 1.42 level as US Dollar strength, Fed rate expectations, and Canadian economic weakness support the bullish bias.