Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 bounced off the 200-day EMA on Monday, showing renewed bullish momentum with a potential breakout above 20,400 on the radar.

The German DAX rallied toward the critical €23,500 level on Monday, with traders anticipating a breakout while eyeing short-term pullbacks for entries.

The Australian dollar showed signs of exhaustion near the key 0.65 level on Monday, suggesting potential resistance as bullish momentum fades.

The US dollar recovered from early losses against the Japanese yen on Monday, supported at ¥143.50, as focus shifts to the upcoming FOMC statement.

Bitcoin held steady on Monday near $94,000 as traders wait for a breakout, with strong support at $90,000 and resistance near the $100,000 milestone.

EUR/USD reversed early gains on Monday, holding within the 1.13–1.15 range as traders watch for a breakout to signal broader U.S. dollar direction.

USD/CAD continues to trade sideways between 1.3700 and 1.4000, with traders awaiting a breakout for clarity amid tariff risks and post-election uncertainty.

Silver continues to range between $32 and $34 as volatility persists, with traders watching the FOMC and tariff headlines for the next breakout catalyst.

The British pound stalled near the 1.35 resistance on Monday, with upcoming FOMC and BoE decisions expected to drive volatility and determine breakout potential.

Gold remained strong on Monday, consolidating between $3,200 and $3,500 ahead of the Fed decision, with the broader trend still favoring the upside.

The last two weeks have seen a quiet market in this currency pair, with the price established within a neutral, ranging consolidation.

AUD/USD surged past key resistance on trade optimism and political stability, with technicals signaling a likely move toward 0.6600 in the short term.

GBP/USD has pulled back from recent highs ahead of key Fed and BoE decisions, but a bullish cup-and-handle pattern suggests a potential rebound toward 1.3430.