Forex Daily Forecast, Analysis and Prediction

USD/BRL resumes trading after a long holiday weekend, with traders bracing for high volatility and evaluating whether the pair remains overvalued near 5.8000.

Bitcoin surged to $88K as US equities plunged and the dollar weakened, signaling a potential decoupling and reinforcing BTC’s status as a safe haven amid market chaos.

The US dollar is testing key support near 140 against the yen, with a daily close above 143 signaling a potential bullish reversal toward 148.

The USD/CAD pair is showing signs of bottoming near 1.3850, with traders watching closely for a reversal amid tariff tensions and an oversold dollar.

The euro surged past the 1.15 level but shows signs of exhaustion, with traders watching for a potential pullback amid overbought conditions and shifting sentiment.

The Canadian dollar continues its sharp decline against the Swiss franc, testing the 0.58 support level as traders watch for signs of stabilization or further losses.

Gold surged over 3% on Monday as traders rushed into safe-haven assets, driving the price toward $3,500 amid a runaway uptrend and overbought signals.

The AUD/USD pair broke above the key 0.6400 resistance as US dollar weakness persists, with bullish momentum suggesting a potential climb toward 0.6500.

The GBP/USD pair surged to its 2024 high of 1.3425, but with rising Fed uncertainty and a weakening dollar, profit-taking could drive a pullback toward 1.3200.

Bitcoin climbed to $88,420 as traders seek safe havens amid market turmoil, with bulls targeting $90K following a bullish pennant breakout.

EUR/USD surged to its highest level since 2021 on Fed instability fears and Trump’s trade tariffs, with bullish momentum intact despite overbought signals.

The Turkish lira remains under pressure as the central bank continues heavy interventions amid declining reserves, rate hikes, and growing investor caution.

The EUR/USD pair maintains bullish momentum near multi-year highs, with further gains hinging on easing trade tensions and upcoming Eurozone and U.S. data.

The USD/JPY pair remains under pressure, hitting a 7-month low as safe-haven flows boost the yen ahead of key Bank of Japan policy decisions.

Gold continues its record-breaking rally near $3357, fueled by trade war tensions and central bank policy concerns, with eyes on the $3500 resistance level.