Forex Daily Forecast, Analysis and Prediction

The EUR/JPY pair remains trapped in a sideways range between ¥161.50 and ¥164, driven by fluctuating risk sentiment and key technical levels.

Ethereum continues to search for a bottom around the 50-Day EMA, showing hesitant recovery signs amid weak risk appetite and critical technical levels.

The Euro is working off excess volatility by consolidating between 1.12 and 1.15, as traders cautiously assess risk sentiment and interest rate dynamics.

Bitcoin remains bullish despite showing signs of short-term fatigue near $94K, with potential pullbacks offering renewed buying opportunities toward $100K.

The Australian dollar is testing major resistance at the 200-day EMA, with traders awaiting a breakout to determine whether 0.67 or 0.62 comes next.

The NASDAQ 100 remains highly volatile as trade war headlines sway sentiment, with key support at 19,130 and potential upside targeting 20,000.

Gold continues to show resilience within its long-term uptrend, with recent pullbacks offering potential buying opportunities as global uncertainties persist.

After approaching close to the April low, the price seems to be trading between key support at 18.44 and key resistance at 18.74.

The AUD/USD pair is testing a major resistance at 0.6433, with a bullish breakout likely if upcoming US and Australia inflation data support further upside.

BTC/USD remains stable above $94,000 with a bullish pennant hinting at a breakout toward $99,000, fueled by rising institutional demand and optimistic forecasts.

GBP/USD tests critical resistance near 1.3420, setting the stage for a potential bullish breakout ahead of key US economic data releases.

EUR/USD steadies near 1.1400 with traders eyeing key US and European data releases, maintaining a bullish setup despite tariff-driven risks.

The Turkish Lira remains stable as forecasts indicate the Central Bank will shift to rate cuts by mid-2025, with inflation slowing and economic growth recovering.

The GBP/USD pair continues its bullish trend, supported by resilient UK economic data and US political uncertainty, with targets set toward the 1.39 resistance zone.

The USD/JPY pair continues its bullish recovery within an ascending channel, targeting 145.00 resistance amid stronger US dollar momentum and easing trade fears.