Forex Daily Forecast, Analysis and Prediction

Silver remains bullish long term but is pulling back from $90 resistance, with traders watching $80 as the next major value zone for buyers.

Gold continues to consolidate as softer US yields support buyers, but the 50-day EMA remains the key barrier before a possible move toward $5,000.

USD/CAD has turned bullish after breaking above 1.37, with buyers targeting 1.39 while support near 1.3675 keeps the long setup intact.

Bitcoin remains resilient above $79,000, with buyers targeting the 200-day EMA and $84,000 as the key breakout level for a larger rally.

Cardano is trading near $0.265, down around 3% over the last 24 hours, as sellers push ADA back toward a key short-term support area.

USD/CHF remains supported by rising US yields and a wide interest rate differential, making dollar dips attractive despite the franc’s safe-haven status.

NZD/USD is consolidating near 0.5950, with 0.59 as a potential buy zone and 0.60 as the key upside resistance ahead of US jobs data.

USD/MXN remains under pressure as the peso benefits from carry trade demand, with 17.15–17.00 as the key support zone that could trigger a deeper breakdown.

USD/JPY is pressing the 158 resistance level, with a breakout opening the door toward 160 while 156 remains the main support zone for dip buyers.

Copper remains strongly bullish as AI and infrastructure demand drive momentum, with $6.50 acting as support and $6.80 as the next key upside trigger.

Silver remains bullish but stretched near $90 resistance, with $80 acting as short-term support if rising US yields trigger a pullback.

Gold continues to trade sideways as high interest rates weigh on momentum, with $4,600–$4,500 acting as support and $4,800 as the key resistance level.