Forex Daily Forecast, Analysis and Prediction

GBP/USD gained on Monday but remains trapped in a sideways 200-pip range as traders eye the 1.36 resistance and Fed policy signals.

USD/JPY slipped on Monday but remains range-bound between 146.50 support and 148.50 resistance as traders await Fed and BoJ signals.

AUD/USD rallied toward 0.66 on Monday but faces strong resistance, with risks of a pullback if price slips below 0.6550.

USD/CHF remains under bearish pressure, with 0.79 support in focus as rallies face resistance at the 50-day EMA and 0.81 level.

Bitcoin is holding its value and threatening to move higher, but so far is just continuing to maintain its consolidation above $111,332.

AUD/USD rose to 0.6600, with bulls eyeing a breakout above 0.6623 that could open the path to 0.6700 ahead of key US inflation data.

GBP/USD extended gains to 1.3550 as weak US jobs data boosted Fed cut odds, with traders eyeing 1.3700 resistance ahead of key US inflation releases.

EUR/USD climbed to 1.1760 as Fed rate cut hopes grow, with traders eyeing a test of 1.1830–1.1900 ahead of US CPI data and the ECB’s policy decision.

Solana’s price is up 5% over the last 24 hours to trade at $213 at the time of writing on Monday. This recovery has fueled hopes of a continued SOL price rally into new all-time highs above $600, fueled by macroeconomic shifts and technical strength.

EUR/USD surged to a five-week high near 1.1750 as weak US jobs data fueled Fed cut bets, with ECB stability supporting a bullish bias toward 1.1830.

Gold soared to a record $3,600 as weak US jobs data boosted Fed rate cut expectations, leaving XAU/USD bullish but vulnerable to short-term profit-taking.

The USD/MXN is trading near the 18.69500 vicinity in early trading today, which is seeing fast changes to value based on bids and asks remaining rather wide.

Lagging annual earnings per share growth compared to its peers, expensive valuations, and contracting free cash flow margins pose notable headwinds. Will the breakdown lead to a more notable correction?

The move towards healthier fast dining experiences pressures traditional fast-food companies into a race to adapt. Will a breakdown below its horizontal resistance zone spark a profit-taking sell-off?

On Thursday of last week the USD/ZAR traversed above the 17.81000 level as sentiment proved cautious, but after the weaker than expected U.S jobs numbers the currency pair moved lower.