Forex Daily Forecast, Analysis and Prediction

AUD/USD remains noisy near the 200-day EMA as traders await US jobs data, Fed rate expectations, and key levels at 0.6950 and 0.6850.

GBP/USD rebounds from support as traders prepare for Thursday’s NFP report, Fed rate expectations, Dollar volatility, and key levels near 1.32 and 1.33.

Shiba Inu (SHIB) is trading under pressure today after losing momentum near the $0.000005 area. The token is down roughly 1.5% over the past 24 hours, with market capitalization sitting near $2.86 billion.

The USD/MYR has tracked lower in recent sessions and as of this writing is near the 4.0820 ratio, this after the currency pair fought off highs from last week and has incrementally started to test support levels.

USD/ILS trades near 3.0000 as US holiday volume, quiet Israel trading, Shekel strength, and thin liquidity raise volatility risks.

GBP/USD: Have Bulls Asserted Control?

Silver remains noisy near $60 as Fed rate hike expectations, US Dollar strength, and weak momentum keep short sellers focused on fading rallies.

Gold churns near the $4,000 level ahead of Thursday’s NFP data as traders weigh Fed rate hike expectations and key breakout levels.

The S&P 500 churns ahead of Thursday’s NFP data as traders watch pullback buying opportunities, triangle formation risks, and a potential move toward 7,600.

EUR/USD tests critical 1.14 support ahead of US jobs data as Fed rate hike expectations, central bank divergence, and Dollar strength pressure the Euro.

The NASDAQ 100 pulls back ahead of pivotal US NFP data as traders reduce risk, interest rate expectations rise, and tech sentiment remains cautious.

AUD/USD remains under pressure ahead of US NFP data as bearish technical patterns, Fed expectations, and key support near 0.6828 shape the outlook.

BTC/USD stabilizes near $60,000 as ETF outflows, Strategy selling concerns, hawkish Fed signals, and long-term holder buying shape Bitcoin’s outlook.

EUR/USD turns bearish after softer European inflation, Kevin Warsh’s hawkish tone, and a death cross pattern ahead of key US NFP data.

Gold remains under bearish pressure near $4,000 as US Dollar strength, Fed rate hike expectations, weak technical indicators, and NFP data shape the outlook.