Forex Daily Forecast, Analysis and Prediction

West Texas Intermediate crude oil rebounds above $60 after Trump pauses global tariffs, though recession fears and China tensions keep pressure on.

The British pound fell back to key support at 1.2750 after Trump’s tariff pause sparked a US dollar rebound, with volatility driven by headlines.

The NASDAQ 100 surged over 11% mid-Wednesday after President Trump paused most global tariffs, excluding China, triggering a massive short-covering rally.

Gold prices remain under pressure near $2980 as traders await key US inflation data and Fed minutes, with strong buying interest expected below $2950.

The EUR/USD pair trades with cautious stability near 1.09 as traders await FOMC minutes for clues on future Fed policy amid global trade tensions.

The USD/ILS jumped near 3.83500 amid rising global trade tensions and risk-off sentiment, fueled by U.S.-China rhetoric and an unresolved U.S.-Israel tariff stance.

The NZD/USD sinks to multi-year lows near 0.5559 after the RBNZ slashes rates and global trade uncertainty sparks extreme Forex market volatility.

The Australian dollar plunges to 2020 lows against the US dollar as trade war tensions between the US and China worsen, dragging AUD/USD below key support.

BTC/USD continues sliding as US-China trade tensions escalate, invalidating key bullish patterns and signaling further downside toward the $70,000 level.

GBP/USD hovers near a multi-week low as traders await FOMC minutes, with a cup and handle pattern hinting at a potential bullish breakout toward 1.3045.

As the US Dollar weakens and the Euro makes the biggest rise of the day, bulls may be set to challenge the 5-month high price resistance at $1.1120.

Nifty 50 struggles near key trendline resistance as global volatility and tariff fears weigh on investor sentiment.

The euro bounces off 1.09 on Tuesday despite global market volatility, with traders bracing for unpredictable swings amid ongoing tariff tensions.

The British pound is attempting a recovery against the US dollar as it tests the 200-day EMA, signaling a potential inflection point amid risk-off sentiment.

The Australian dollar gave up early gains on Tuesday, forming a bearish signal as ongoing US-China trade tensions weigh heavily on AUD sentiment.