Forex Daily Forecast, Analysis and Prediction

Bitcoin loses momentum after fresh ETF outflows and tighter rate expectations, but BTC/USD remains above key technical support. The bullish structure stays intact while 75,000 holds, with 81,300 still in focus.

GBP/USD retreats from key resistance as hawkish Fed signals boost rate hike expectations. Bears now eye 1.3470, while 1.3652 remains the key resistance level.

AUD/USD Forecast: Channel Breakdown Risk Below 0.7150

EUR/USD extends its pullback after Jackson Hole as Fed hike odds rise, with traders watching 1.1475 support, ECB expectations, inflation data, and PMI releases.

Reports from the Middle East indicate that Oman and Iran may have agreed to allow transit of oil tankers in the waters near the Musanadam Peninsula which is part of the southern coast of the Hormuz Strait. This is important....

Last week, the bullish momentum was evident. This week the picture is messier. The tape still holds, but it has also thinned.

The backdrop for this move hinges on the divergence between market expectations and Federal Reserve messaging. For weeks, traders positioned for US rate cuts starting in the spring, a narrative supported by softening inflation data and Fed communications.

After launching to higher terrain early last week, Coffee Arabica rapidly sank in price and went into the weekend around the $311.50 ratio, leaving day traders a decision regarding their next wagers.

Federal Reserve rhetoric this week will crystallize two competing narratives about real yields, and Gold's next directional move hinges on which one wins.

H1: Warsh's Jackson Hole Speech Exposes Dangerous AUD/USD Bullish Trap

NZD/USD holds near 0.5950 support and tests 0.60 resistance as traders watch Jackson Hole, Fed rate expectations, and potential breakout signals.