Forex Daily Forecast, Analysis and Prediction

During the trading session on Friday, we have seen the US dollar initially pulled back a bit, but it has turned around to show signs of life again

Euro struggles below 1.12. A break lower may target 1.0950 amid renewed USD strength.

Oil finds support at $60. A break above $65 may push it to $70 as traders look for signs of a trend shift.

GBP struggles vs USD and may drop to 1.30 if the 1.3140 support fails. Market remains under pressure.

Gold holds near $3,000 support. A breakout could target $3,400, but volatility remains high. Trade with caution.

Natural gas slips near 200 EMA. Weak demand and seasonality could push prices toward $3.00 or lower.

Silver holds support at $32. Resistance remains at $34, with potential upside toward $35 if breakout occurs.

Ethereum holds gains near support. A push above $2800 may spark bullish momentum toward previous highs.

Bitcoin nears $106K breakout. If breached, $110K and $135K could be next targets. Support solid at $100K.

Risk-on sentiment has continued to improve, with US stock markets and the US Dollar gaining as President Trump obtained large orders for American gods and services from Saudi Arabia, Qatar, and the U.A.E.

Markets steady: DAX climbs, NASDAQ rallies, Bitcoin holds, USD strong, gold near $3200, EUR & GBP show weakness.

The US dollar is pressuring key resistance against the Swiss franc near 0.85, with consolidation hinting at a potential breakout despite broader downtrend signals.

GBP/USD remains capped near 1.34 with a potential breakdown looming, as triple weekly shooting stars and oversold dollar conditions favor bearish continuation.

The Australian dollar slipped against the yen Thursday, with the 92 yen level acting as critical support; a bounce could trigger bullish reversal, but a breakdown risks deeper losses.

The NASDAQ 100 reversed early losses Thursday, signaling continued bullish momentum with 21,000 acting as strong support and 22,000 as the next resistance.