Forex Daily Forecast, Analysis and Prediction

The Australian Dollar has been losing ground as markets start the week by moving into risk-off sentiment as the new US tariff plans come back into focus.

The euro rallied on Monday following weak US manufacturing data but hit resistance near the top of its multi-month range as traders assess recession risks.

USD/JPY dipped on Monday after soft US data, but the pair remains in a tight range with support at 142 and longer-term upside favored by rate differentials.

Crude oil jumped on Monday amid geopolitical concerns, but remained stuck in its $60–$65 range as traders weigh OPEC output against support-driven buying.

The British pound remains resilient on Monday, with strength above key support and limited trade war risks helping it outperform other major currencies.

The Mexican peso extended its rally against the U.S. dollar on Monday, but weak U.S. data raises concerns that Mexico’s economy could soon feel the impact.

After an early selloff on weak US data, USD/CAD found support at 1.37, forming a potential hammer as dollar strength re-emerges across major pairs.

Natural gas surged over 7% Monday on geopolitical tensions, but with mild U.S. weather and ample supply, traders remain skeptical of sustained upside.

The euro rebounded against the yen after an early drop, with buyers targeting a move above ¥165 as risk appetite stays firm and technical support holds near ¥162.

Silver rallied over 5% on Monday, breaking through the $34 resistance and targeting $35.50, with $33 now likely acting as support in a bullish continuation setup.

BTC/USD is consolidating below $105K as it forms a bullish cup and handle pattern, with traders watching for a breakout toward $110K despite weak ETF demand and June seasonality.

The GBP/USD pair surged toward 1.3592 on US slowdown fears, with bullish momentum building above resistance as traders eye a breakout toward 1.3700.

The EUR/USD pair surged on weak US data and recession concerns, breaking resistance and targeting 1.1565 as traders await eurozone inflation and ECB guidance.

We expect spot gold prices to rebound higher at the beginning of this week's trading amid ongoing tensions in Russia. Furthermore, gold prices began trading

The USD/TRY pair experienced severe volatility in the latest session, with its price significantly dropping from opening levels of 0.0371 to close at 0.0255.