Forex Daily Forecast, Analysis and Prediction

During my daily analysis of Bitcoin, the first thing I noticed is that we of course are dropping again, and it looks like the $100,000 level will continue to see a lot of selling pressure.

Gold stabilizes near $2,658, supported by geopolitical tensions and safe-haven demand, with bulls targeting $2,700 resistance.

EUR/USD approaches 1.0500 support as risk aversion grows, with ECB decisions and US inflation data shaping near-term moves.

Copper rallies on inflation and potential Chinese stimulus, targeting $4.50 as support holds firm at $4.

The USD/BRL remains within sight of record price levels as financial institutions appear to remain nervous regarding Brazil’s fiscal policies and support levels prove durable.

Though not a tidal wave of price velocity, the USD/SGD has managed to demonstrate movement lower, yesterday’s declines have sustained the near-term trend as sentiment appears to be shifting.

ASX 200 rises ahead of the RBA meeting, with traders eyeing policy signals and commodity markets for further direction.

During my daily analysis of the silver market, it has become obvious that we finally broke above the crucial $31.50 level that I have been talking about, and now are in a major move higher.

The Australian Dollar remains weak after the Reserve Bank of Australia strongly hints at further rate cuts in 2025.

AUD/USD rises to 0.6450 ahead of the RBA decision, with short-covering driving momentum amid weak fundamentals and looming U.S. inflation data.

NZD/USD tests critical support at 0.58 amid U.S. dollar strength, with upcoming inflation data likely to influence further movement.

During my daily analysis of the gold market, the first thing that comes to my attention is that we are in fact trying to break out to the upside for a short-term move.

During my daily analysis of cross pairs, the EUR/GBP pair looks particularly interesting.

In my daily analysis of the crypto markets, the Ethereum market has captured my attention.

USD/CAD climbs near 1.42, with BoC rate cuts and dovish sentiment poised to drive further Loonie weakness toward 1.46 resistance.