Forex Daily Forecast, Analysis and Prediction

AUD/USD remains range-bound between 0.62 and 0.64 as global growth concerns and tariff uncertainty keep traders cautious and the market choppy.

The Turkish lira remains stable near 38/USD as the central bank tightens liquidity and engages global investors to restore market confidence.

The British pound weakens against the US dollar as falling UK inflation boosts expectations of a BoE rate cut, while traders await key US economic data.

The USD/JPY pair remains bullish above 150.00, supported by rising Japanese bond yields, BoJ rate hike signals, and growing U.S. trade policy tensions.

The Canadian dollar rallies against the yen, breaking key resistance at ¥160 as improving sentiment and limited BoJ tightening boost risk appetite.

Gold prices remain stable near all-time highs, with narrow trading ranges signaling a potential breakout ahead amid global tensions and upcoming US data.

USD/RUB remains in a consolidated lower range, supported by cautious optimism around peace negotiations and potential easing of sanctions on Russia.

USD/ILS pushes above 3.7000 amid growing political uncertainty in Israel, with traders eyeing a potential test of the 3.7310 resistance level.

AUD/USD remains under pressure ahead of US PCE data and the RBA decision, with technicals signaling a possible bearish breakout toward the 0.6200 level.

Cardano (ADA) has shown signs of bullish strength in the past 24 hours, with the price climbing 1.63% to trade at $0.74. However, it's now approaching a key resistance zone that could determine its next major move.

Bitcoin has been recovering in line with other risky assets but is failing to break above key resistance as President Trump declares new automobile tariffs. Markets are waiting to see Trump’s full tariff plan on 2nd April next week.

The GBP/USD pair dropped as soft UK inflation data increased BoE rate cut expectations, with traders now watching key US economic data for further cues.

The EUR/USD pair continues its slide ahead of major US and European inflation data, with technical indicators suggesting a possible bullish reversal soon.

The EUR/USD pair is searching for support near the 1.08 level, with recent indecision pointing to potential consolidation or a breakdown toward 1.07.

Crude oil rallied strongly on Wednesday, breaking above key technical levels as support at $67 held firm and seasonal demand boosted bullish momentum.