Forex Daily Forecast, Analysis and Prediction

GBP/USD dipped below 1.3400 as traders positioned cautiously ahead of UK inflation data, with stagflation fears and a stronger USD pressuring the pound.

The EUR/USD pair slipped to 1.1600 as ECB officials signaled caution on rate hikes and the US dollar gained strength ahead of key geopolitical and inflation events.

The EUR/USD pair is correcting near key support zones around 1.1600, with Fibonacci levels and technical indicators pointing to a potential bullish rebound if support holds.

Gold remains in a strong bullish trend near all-time highs, driven by safe-haven demand and global uncertainty, with traders eyeing a move toward $4,500.

The Nasdaq 100 remains highly volatile near record highs, with bullish momentum showing little concern for ongoing government shutdown risks.

The S&P 500 continues its upward momentum near record territory, shrugging off government shutdown fears as traders test resistance around 6,750.

Strong operational results and over 50% EPS growth at Amazon fuel a bullish pre-earnings setup. Is it time to go long before earnings data is released?

The departure of Netflix’s Chief Product Officer casts a shadow over its evolving content, while optimism over advertising competes with competition in streaming. Will earnings data force a sell-off?

GBP/USD trades quietly near the midpoint of its consolidation range, with traders watching for a breakout as questions remain about the dollar's next move.

EUR/JPY is pulling back from the ¥176 level but remains in a long-term uptrend, with support at the gap near ¥173.25 and the rising 50-day EMA around ¥174.22.

Bitcoin rallied above $110,000 on Monday, rebounding from the 200-day EMA, with a potential breakout above $114,000 opening the door to $123,000.

The US dollar climbed against the Canadian dollar on Monday, testing the key 1.40 resistance as market sentiment remains bullish amid economic divergence.

The US dollar slipped against the Swiss franc on Monday, testing strong support at 0.79 as choppy price action hints at indecision and possible reversal ahead.

Gold rallied strongly on Monday after early choppiness, with analysts urging caution as momentum appears overextended and sharp pullbacks remain possible.

The U.S. dollar bounced off key support against the yen, forming a bullish reversal pattern as traders target ¥153, supported by interest rate differentials.