Forex Daily Forecast, Analysis and Prediction

It is significant that key support levels continue to hold firm.

Silver extended its explosive rally toward $60 on Monday as short covering and physical demand fueled gains, but extreme volatility makes chasing the move highly risky.

AUD/USD continues to face strong resistance near 0.6550, with fading momentum and risk-off sentiment pointing to short-term selling opportunities.

Gold faced resistance near the $4,400 high on Monday as momentum slowed, but the broader uptrend remains intact while prices stay above $3,950.

The US dollar dropped sharply against the yen on Monday but found support near ¥155, with the long-term uptrend intact due to the wide US-Japan interest rate gap.

The US dollar bounced strongly off the key 0.80 level against the Swiss franc on Monday, reinforcing support amid continued volatility and Swiss National Bank pressure to weaken the franc.

AUD/USD rallied to a multi-week high as rising inflation and GDP forecasts boost RBA rate hike expectations, but bearish patterns hint at a possible reversal toward 0.6420.

Bitcoin's price crashed sharply after failing at $93K, as fear spreads across markets amid ETF outflows, USDT concerns, and mass liquidations—putting $80,000 support in focus.

EUR/USD faces potential downside after forming a shooting star candle, with technical momentum fading and traders eyeing 1.1500 support ahead of critical inflation and Fed signals.

EUR/USD remains in a neutral range near 1.1600, with traders eyeing PMI data and geopolitical developments for a breakout above 1.1700 or a drop below 1.1500.

Gold (XAU/USD) has resumed its strong bullish trend, breaking above $4220 resistance and aiming for new record highs amid Fed rate cut expectations and geopolitical developments.

Ether’s (ETH) price has plunged below $3,000, erasing last week’s gains and heightening fears of a deeper correction.

USD/CHF remains in consolidation as resistance near 0.81 holds firm, with technical support at 0.80 keeping the pair stable while traders await a breakout.

USD/MXN reversed early gains on Friday, and a breakdown below 18.20 could trigger a move toward 18.00 as traders favor peso strength amid diverging rate expectations.