Forex Daily Forecast, Analysis and Prediction

USD/CAD briefly breaks above 1.40 as Canadian weakness and a bullish Golden Cross keep buyers interested despite market hesitation.

CAD/JPY shows a potential bullish opportunity as buyers defend the 114 yen area and target a move toward 116.50.

USD/JPY continues to attract buyers on dips as strong rate differentials support the US Dollar near key multi-decade resistance.

Bitcoin acts as the key macro barometer while Solana shows stronger momentum, with traders watching BTC above $67,000 and SOL above $75.

GBP/USD remains choppy near the 50-day and 200-day EMAs as traders view the pair near fair value within its current range.

EUR/USD rebounds as US rates fall, but resistance near 1.1650 and European energy concerns may limit further upside.

Silver remains choppy near $70 as falling US rates support prices, while traders watch the 200-day EMA for direction.

Gold tests the 200-day EMA as falling US interest rates support the rebound, with traders watching $4,542 and $4,600 resistance.

The NASDAQ 100 pulls back after failing to hold early gains, with traders watching 30,000 support amid renewed geopolitical uncertainty.

AUD/USD holds near 0.7070 as traders await US retail sales data and the FOMC decision for the next bullish breakout signal.

Bitcoin’s recovery stalls near $67,200 as traders take profits and await the Federal Reserve interest rate decision.

GBP/USD edges higher as traders await UK inflation data, the Fed decision, and the Bank of England meeting for the next breakout signal.

EUR/USD: Bullish Sequence Continues

Gold rebounds from recent lows as traders watch $4500 resistance for confirmation of a stronger bullish reversal.

EUR/USD attempts a corrective rebound within a bearish channel as traders watch 1.1700 resistance and the Fed decision for direction.