Forex Daily Forecast, Analysis and Prediction

The US Dollar rallied against the Mexican Peso on Wednesday, testing resistance at the 50-day EMA as traders watch economic and trade developments.

The British Pound struggled on Wednesday, caught between key moving averages, as the US Dollar remains strong amid the Fed’s restrictive policy.

Gold retraced some gains on Wednesday but remains in an uptrend, with key support at $2,900 and a long-term target of $3,000.

USD/RUB continues its bearish trend, testing key support at 90.00 as U.S.-Russia peace talks influence market sentiment, with resistance at 91.95 in focus.

The EUR/USD pair struggles below 1.0515 resistance as bearish pressure builds, driven by Fed policy uncertainty and geopolitical risks, with support at 1.0370 in focus.

Gold surges near record highs as trade tensions, Federal Reserve policy, and safe-haven demand fuel bullish momentum, with $3,000 per ounce in sight.

GBP/USD continues to push higher, testing resistance at 1.2750, as traders assess interest rate differentials and US dollar momentum.

Bitcoin continues to consolidate between $90K and $110K as traders weigh US regulatory uncertainty and the Federal Reserve's monetary policy stance.

USD/JPY attempts to stabilize near the 200-day EMA, with traders watching ¥150 support amid Japan’s rising yields and ongoing market volatility.

USD/CHF stabilizes at 0.90 support, with traders watching for a potential breakout above 0.92 amid Fed hawkishness and Swiss rate cuts.

USD/CAD stabilizes post-Presidents’ Day, with traders watching tariff developments and technical levels at 1.42 and 1.43 for market direction.

NZD/USD reverses higher after RBNZ’s rate cut, testing 0.57300 resistance as traders assess potential for further gains amid ongoing volatility.

AUD/USD extends gains after the RBA’s rate cut, with an inverse head and shoulders pattern signaling a move toward 0.6450 amid strong labor market expectations.

Bitcoin falls below $94K amid Fed hawkishness and trade concerns, with key support at $90K and a potential rebound targeting $96K.

EUR/USD pulls back from key resistance at 1.0510 ahead of FOMC minutes, with traders watching for a breakout above 1.0506 or a move lower toward 1.0215.