Forex Daily Forecast, Analysis and Prediction

EUR/USD trades near 1.1700 with a bullish bias as Wall Street analysts see more upside, while upcoming US labor data may determine the next breakout.

Bitcoin has performed poorly over recent weeks, but in recent hours has risen from the bottom to break up past resistance levels. Yet this minor bullish move may have already run out of momentum.

The emergence of AI has driven demand for data centre stocks, ushering in a new technological revolution. Find out about the best data centre stocks to buy now and hold through the boom cycle.

Expectations have declined regarding the pace of US rate cuts, while fears of stagflation are again coming out, sending the US Dollar higher, but it is the stellar rise of precious metals to new record highs which really caught the eye last week.

The GBP/USD closed this past week of trading within lower depths around the 1.33985 mark as financial institutions have turned cautious again regarding their sentiment about USD political noise.

WTI Crude Oil went into this weekend with higher prices than it started last Monday’s opening, this as narrative seems to have caused some sentiment shifts for near-term conditions as traders wager.

Explore this week's key market trends: gold rallies, bitcoin falters, forex pairs stay choppy. Catch the big moves and levels to watch.

Tesla pulled back from $440 resistance, with support near $395 expected to offer a floor before the stock resumes its broader bullish trend.

USD/MXN rallies to 18.50 on strong US GDP data, with resistance in play as traders watch for exhaustion and potential pullbacks toward 18.20.

Bitcoin drops toward key $106K support as strong US GDP data strengthens the dollar, with traders watching for a bounce or a deeper slide toward $100K.

GBP/USD sinks below 1.34 as strong US GDP and labor data fuel dollar strength, with traders eyeing 1.32 support or a rebound toward 1.36.

USD/CAD surges past 1.39 after hot U.S. GDP data, with buyers eyeing 1.40 and 1.42 as technicals confirm a bullish breakout.

Silver extends its uptrend above $45, with dip-buying momentum likely to drive prices toward $46 and possibly $50 over the longer term.

USD/JPY breaks out on strong U.S. GDP data, with 149 acting as support and traders eyeing 151–152 as bullish momentum and a Golden Cross build.

EUR/USD declines toward 1.16 support, with traders watching closely as the U.S. dollar regains strength and risks a major shift in trend if support fails.