Forex Daily Forecast, Analysis and Prediction

NZD/USD tests critical support at 0.58 amid U.S. dollar strength, with upcoming inflation data likely to influence further movement.

During my daily analysis of the gold market, the first thing that comes to my attention is that we are in fact trying to break out to the upside for a short-term move.

During my daily analysis of cross pairs, the EUR/GBP pair looks particularly interesting.

In my daily analysis of the crypto markets, the Ethereum market has captured my attention.

USD/CAD climbs near 1.42, with BoC rate cuts and dovish sentiment poised to drive further Loonie weakness toward 1.46 resistance.

In my daily analysis of Bitcoin, I feel like I am stuck in the movie “Groundhog Day.”

The EUR/USD exchange rate remained in a tight range ahead of the upcoming European Central Bank (ECB) decision and US consumer inflation data.

The BTC/USD pair retreated below 98,000 in the overnight session as the recent Bitcoin rally lost momentum.

The GBP/USD exchange rate held steady as the focus shifted to the upcoming US inflation data and next week’s Fed and BoE decisions.

GBP/USD stalls near 1.2735, with selling likely to intensify as traders await US inflation data to shape Federal Reserve policy.

EUR/USD holds near 1.0566 under bearish pressure as traders await ECB rate decision and US inflation data for direction.

Gold climbs to $2,650 on geopolitical tensions and Chinese demand, with bulls targeting $2,700 amid US monetary policy developments.

The USD/MXN has been able to sustain lower momentum as financial institutions seem to be adjusting to political realities which will affect economic policies and the currency pair.

The euro retreats below 1.06, pressured by US economic outperformance and Eurozone weakness, with 1.05 support and limited upside near 1.0750.

Ethereum surpasses $4,000, with support at $3,600-$3,800 and potential to reach $4,300 as crypto markets rally.