Forex Daily Forecast, Analysis and Prediction

The Australian dollar showed signs of exhaustion near the key 0.65 level on Monday, suggesting potential resistance as bullish momentum fades.

The US dollar recovered from early losses against the Japanese yen on Monday, supported at ¥143.50, as focus shifts to the upcoming FOMC statement.

Bitcoin held steady on Monday near $94,000 as traders wait for a breakout, with strong support at $90,000 and resistance near the $100,000 milestone.

EUR/USD reversed early gains on Monday, holding within the 1.13–1.15 range as traders watch for a breakout to signal broader U.S. dollar direction.

USD/CAD continues to trade sideways between 1.3700 and 1.4000, with traders awaiting a breakout for clarity amid tariff risks and post-election uncertainty.

Silver continues to range between $32 and $34 as volatility persists, with traders watching the FOMC and tariff headlines for the next breakout catalyst.

The British pound stalled near the 1.35 resistance on Monday, with upcoming FOMC and BoE decisions expected to drive volatility and determine breakout potential.

Gold remained strong on Monday, consolidating between $3,200 and $3,500 ahead of the Fed decision, with the broader trend still favoring the upside.

The last two weeks have seen a quiet market in this currency pair, with the price established within a neutral, ranging consolidation.

AUD/USD surged past key resistance on trade optimism and political stability, with technicals signaling a likely move toward 0.6600 in the short term.

GBP/USD has pulled back from recent highs ahead of key Fed and BoE decisions, but a bullish cup-and-handle pattern suggests a potential rebound toward 1.3430.

EUR/USD continues to decline ahead of the FOMC decision, with a bearish setup targeting 1.1215 support amid easing USD sell-off and mixed trade signals.

Bitcoin (BTC) stands to continue its bull run as a key onchain metric reveals that the price is in the “start rally zone.”

The gold market gapped to the upside during the trading session on Friday, but we have since seen a lot of back and forth action. While it ends up being a very positive move for the day, the real story is that gold managed to hold its own after the Non-Farm Payroll announcement. The jobs number came out fairly neutral, as there was a little bit that everybody. All things being equal, this is a market that has been very bullish, and the fact that we are finding ourselves going back and forth just above the crucial $3200 level makes a certain amount of sense.

The silver market initially rallied during the trading session on Friday, testing the crucial $33 level. Over the last couple of weeks, we have seen this market go back and forth between the $34 level above, and the $32 level below.