Forex Daily Forecast, Analysis and Prediction

AUD/USD declines as U.S. tariffs and weak Australian inflation data fuel rate cut expectations, with traders watching 0.6130 support for further downside.

GBP/USD declines as U.S. tariffs and BoE rate cut expectations pressure the pair, with traders watching 1.2200 support and upcoming NFP data for direction.

EUR/USD declines as ECB rate cuts and U.S. tariffs weigh on sentiment, with traders watching 1.0250 support ahead of U.S. nonfarm payroll data.

Markets are dominated by G7 nations mostly cutting interest rates and a strong US Dollar caused by rates divergence and President Trump’s new and threatened tariffs on imports.

The EUR/USD went into this weekend near the 1.03560 level, this mark is essentially testing values seen late in the first week of January when nervous conditions were abundant.

Silver and gold rise amid tariff concerns, while Bitcoin and DAX show bullish trends. USD/JPY and USD/CAD eye key levels.

Record values have been seen in Coffee Arabica as the commodity promptly extended its winning streak and musters more buying without any signs of a strong downturn threatening.

WTI Crude Oil went into the weekend near the 73.200 area after seeing a choppy downward week of trading, the commodity also went below 72.000 USD before reversing higher on Friday.

Crude oil continues to trade within its established range, with $67 acting as strong support and $78.50 as resistance, while demand concerns shape market sentiment.

Gold continues its uptrend, with traders eyeing a break above $2800 for a potential move to $3000, while $2700 and $2600 provide key support.

NASDAQ 100 continues to find buyers on dips, with 20,000 acting as strong support and a breakout above 22,000 potentially leading to new highs.

USD/MXN trades sideways between 20 and 21, with traders monitoring U.S. tariff policies and global risk sentiment for potential breakout moves.

The S&P 500 remains bullish near 6000, with support at 5700 and a potential breakout above 6200 signaling further upside amid strong U.S. economic growth.

USD/ZAR stabilizes after January volatility, with February expected to bring calmer trading as investors monitor Fed policy, U.S. rhetoric, and South African economic factors.

USD/INR remains stable near 86.5600 as RBI intervention limits volatility, with traders watching 86.6000 resistance and a slow upward trend in February.