Forex Daily Forecast, Analysis and Prediction

The GBP/USD exchange rate continued soaring, reaching its highest level since October last year as the US dollar index crash gained steam. It rose to a high of 1.3247, much higher than this year's low of 1.2100 as focus shifts to the upcoming UK inflation and US retail sales data.

The EUR/USD exchange rate pulled back as the recent rally took a breather after the latest European industrial production data. The pair was trading at 1.1280, down from this week’s high of 1.1470.

The AUD/USD exchange rate bounced back sharply, continuing a trend that started a few days ago as the US dollar index (DXY) retreated. The pair jumped to a high of 0.6385 on Wednesday, its highest point since March 18. It has soared by 7.3% from its lowest point this month.

The British pound has broken above 1.32 but is showing signs of being overstretched, with technical indicators hinting at a near-term pullback toward 1.30.

The US dollar is showing signs of a rebound from the 0.81 support level against the Swiss franc, with a potential short-term rally toward 0.84 if momentum holds.

The euro fell sharply against the pound on Tuesday, nearing the 0.85 support level as profit-taking and tariff-driven volatility weighed on the EUR.

The US dollar remains under pressure against the yen as it tests key support at ¥143, with traders watching for signs of stabilization amid trade-driven volatility.

The DAX is showing signs of bullish momentum as it holds above key support at 20,000, despite ongoing uncertainty in EU-US trade talks.

Natural gas prices remain indecisive at the 200-day EMA as traders weigh weaker seasonal demand and inflation concerns, with $3.00 as key support.

Bitcoin continues to trade in a tight range, holding above key EMAs as traders watch for a breakout above $86,000 or a drop toward $75,000 support.

The euro faces resistance at 1.14 and may pull back toward 1.12 as trade tensions rise and markets await the ECB's next move.

Ether (ETH), the native token of the Ethereum layer-1 blockchain, traded in a second bullish session on April 15 after the US inflation data triggered a market-wide recovery over the weekend.

USD/BRL steadies around 5.8550 as traders assess tariff risk, China exposure, and upcoming holiday-driven volume shifts in emerging market currencies.

EUR/USD trades near multi-year highs with bullish momentum intact, as traders watch for ECB rate guidance and key German economic sentiment data.

Gold remains firmly bullish above $3200, with traders watching for a breakout toward $3300 amid global uncertainty and strong safe-haven demand.