Forex Daily Forecast, Analysis and Prediction

Gold breaks $2,700, driven by geopolitical tensions and strong demand, with bulls targeting $2,725 and $2,755 resistance levels.

NASDAQ 100 stabilizes as markets await CPI data, with pullbacks expected to attract buyers amid bullish seasonal trends.

CAD/JPY tests 107.50 resistance, eyeing 108.50 and 110 levels, as short-term pullbacks provide potential buying opportunities amid yen weakness.

The NZD/USD downwards trajectory continues to test the willpower of technical traders as financial institutions have produced new long-term lows amidst obvious nervous sentiment.

The USD/ILS has displayed the ability to challenge long-term lows as behavioral sentiment in financial institutions has taken on improved perspectives and the new price realm is getting tested.

The DAX hovers near 20,500 resistance, with pullbacks likely providing buying opportunities as ECB policy supports a bullish outlook.

Ethereum nears $3,600 support, eyeing the 50-day EMA, as Bitcoin's struggle at $100K hinders broader crypto momentum.

Silver rises toward $32.35 resistance, with CPI data expected to shape its trajectory as bulls eye the $35 level.

The GBP/USD pair remained in a tight range on Wednesday morning as traders waited for the upcoming US inflation data.

The BTC/USD pair remained under pressure as the recent surge in the cryptocurrency market waned.

The big round number is a major pivotal point, strong US CPI data today might cause a bearish breakdown below this level in line with the long-term trend.

The AUD/USD pair continued its downtrend after the Reserve Bank of Australia (RBA) left interest rates unchanged as was widely expected.

During my daily analysis of the USD/JPY pair, we broke above the crucial ¥152 level, an area that of course is rather important.

During my daily analysis of the major currency pairs around the world, the USD/CHF pair has captured my attention as we have seen a fairly significant bounce during the trading session on Tuesday.

In my daily analysis of exotic currency pairs, the USD/MYR currency pair has caught my attention as we are sitting between 2 of the biggest moving averages that traders follow.