Forex Daily Forecast, Analysis and Prediction

Nvidia edged higher on Thursday, maintaining its uptrend near the 50-day EMA, with a breakout above $185 likely triggering a move toward $195–$200.

The British pound fell sharply against the U.S. dollar on Thursday, testing key support near 1.32 amid persistent dollar strength and range-bound pressure.

The U.S. dollar continued its bullish push against the yen on Thursday, testing the crucial ¥153 level amid rising yields and diverging monetary policies.

Gold rallied on Thursday, testing the $4,200 level as support after heavy losses, but remains vulnerable to a drop toward $4,000 if bullish momentum fades.

The euro remained flat on Thursday, consolidating below key technical levels, with a break under 1.1550 potentially opening the door to deeper losses toward 1.14.

The US dollar gave back early gains against the Swiss franc on Thursday, forming a shooting star near the 0.80 resistance level and signaling possible short-term consolidation.

Crude oil soared 6% on Thursday following new Russian sanctions, but analysts caution that strong resistance near $62.50 may cap further gains unless follow-through buying emerges.

The NASDAQ 100 climbed above the key 25,000 level on Thursday, maintaining its bullish trajectory with short-term pullbacks seen as fresh buying opportunities.

EUR/USD remains under bearish pressure as traders await US inflation data, with support at 1.1570 and resistance near 1.1730 potentially shaping the next move.

Gold (XAU/USD) remains in a bullish trend despite sharp profit-taking, with prices stabilizing near key psychological support at $4,000.

The USD/MYR remains tightly range-bound near 4.2285 as traders await the upcoming Fed decision, with support at 4.2175 and resistance at 4.2315.

The USD/RUB pair is consolidating near 81.19 with reduced volatility, as traders watch for resistance at 82.40 and support at 80.00 in a quiet market environment.

Nvidia stock dropped to its 50-day EMA on Wednesday, with traders watching for a bullish breakout above $185 that could trigger a move toward $198.

The US dollar dipped against the Swiss franc on Wednesday but held firm at the 0.79 level, suggesting a possible short-term bottom as consolidation continues.

The NASDAQ 100 fell sharply on Wednesday but showed signs of stabilizing near the 25,000 level, as the broader uptrend and key support zones remain in place.