Forex Daily Forecast, Analysis and Prediction

NZD/USD is under pressure in a risk-off market, with the 200-day EMA and 0.58 as key downside levels while 0.60 caps any recovery attempts.

GBP/JPY is stuck in a volatile range around 210, with 208 as downside support and 212 as the key breakout level for a move toward 215.

AUD/USD remains volatile, with the 0.69–0.6930 zone acting as key support and 0.7150 the next upside target if buyers regain control.

USD/JPY recovered strongly after Thursday’s dip, with 156 as near-term support and 158–160 as the key resistance zone for the next upside move.

The euro remains under pressure against the US dollar, with the 1.15–1.16 area acting as key support and a break below it potentially opening a deeper move toward 1.11.

The British pound slid against the US dollar on Thursday, with 1.3250 acting as crucial support and a breakdown there potentially opening the door to 1.30.

Bitcoin eased slightly on Thursday but still looks constructive, with a rounding-bottom setup forming below the 50-day EMA and major support holding in the $60,000–$64,000 zone.

Dogecoin (DOGE) has shown renewed activity over the past few days, climbing back toward the psychologically important $0.10 level after spending weeks trading in a narrow range.

The Bitcoin market looks as if it is trying to turn things around, as the world is trying to find value here.

In the GBP/CHF pair, you get paid to hold long positions, while the SNB continues to be a presence. Can it turn things around?

The German index fell Wednesday to start things off, but then turned around to show signs of life near the 200-day EMA.

The Euro has rallied a bit in early Wednesday trading, as the choppiness in this pair continues. However, there are significant resistance barriers above. Patience will be key when putting position on here.

The gold market started to rally early in the Wednesday trading session, as we are looking to find some kind of momentum. With the world on fire, it is surprising that gold struggles a bit to hold gains.

The British pound continues to dance around the crucial 200 Day EMA, as traders are trying to determine if the rise of the dollar continues in general.

The Nasdaq 100 started out the session on Wednesday falling, but turned around to show life by the time New York got on board.