Forex Daily Forecast, Analysis and Prediction

The Aussie dollar struggled initially on Tuesday against the yen but turned things around near the important 114 level.

The Aussie dollar struggled initially on Tuesday against the yen but turned things around near the important 114 level.

The big picture of course is something that we have to pay attention to, as the interest rates continue to move wildly.

The British Pound fell against the Franc early on Tuesday but has seen buyers later in the day.

The Canadian dollar rallied against the Swiss franc in the early hours of Tuesday, as traders continue to look for yield, as the swap is positive. However, this is a market that is now pressuring a massive resistance barrier.

The German DAX fell a little over half of a percent on Tuesday, as the 10-year yield in Germany is still above the crucial 3% level.

The US dollar fell against the yen in early Tuesday trading, as we see a lot of questions asked about a major swing high dating back to 1990.

The GBP/USD exchange rate remained in a narrow range as crude oil prices jumped, as the contentious US-Iran ceasefire continued.

Bitcoin fell on Tuesday with risk appetite being a massive barrier. However, Bitcoin has previously found buyers, even when the war was raging, so this is something to be aware of.

US dollar rallied on Tuesday against the Canadian dollar as rates were racing higher yet again. That being said, we are pressuring a resistance barrier at the same time.

The EUR/USD pair settled at the crucial support at the 50-day Exponential Moving Average (EMA) ahead of the upcoming European Central Bank (ECB) and Federal Reserve interest rate decisions. It was trading at 1.1715, down from this month's high of 1.1847.

Bitcoin price lost momentum this week after facing substantial rejection at the important resistance level at $79,360. The BTC/USD pair dropped to 75,985 as focus shifted to the upcoming Federal Reserve interest rate decision later today.

Solana (SOL) is flashing several high-conviction technical signals that suggest the altcoin could be preparing for a significant upside move. Currently trading near $85–$87, SOL has been consolidating after a steep drawdown from its 2025 highs.

Despite the bearish channel and momentum, the support levels at and below $1.1682 are likely to generate some buying.

The GBP/USD exchange rate rose slightly on Tuesday, even as crude oil prices jumped amid the US-Iran concerns. It also steadied as investors waited for the latest Federal Reserve and Bank of England (BoE) interest rate decisions.