Forex Daily Forecast, Analysis and Prediction

GBP/USD falls after the Fed rate hike as traders shift focus to the Bank of England decision, strong UK inflation, and key US economic data.

GBP/USD After the Fed: Is the Bearish Move Over?

The recent crypto pullback is being shaped by more than chart resistance. Regulatory disappointment, tighter monetary expectations and rising realized losses among short-term holders (STHs) are now converging in an already unstable market.

Traders are weighing the prospect of tighter US policy against a market already shaped by oil volatility and concerns around long-term US borrowing costs. That combination leaves the pair in a narrow area where conviction appears limited.

CAD/CHF remains supported by carry trade demand, oil-market strength, and rate differentials as the pair tests 0.5900 resistance.

GBP/CHF remains bullish as carry trade demand, a wide UK-Swiss rate gap, and support above the 50-day EMA keep pullbacks attractive.

The saga from the Middle East intensifies. Not only is WTI Crude Oil being influenced from the Iranian sphere regarding the Hormuz Strait, but another actor has joined as a main attraction within the supply and demand for Crude Oil – Saudi Arabia.

EUR/JPY attempts to rebound from the ¥178 floor as oversold signals, broad yen weakness, intervention concerns, and the Bank of Japan decision drive sentiment.

Copper tests a potential buy-the-dip setup near $6.50 as oversold signals, long-term AI demand, Chile mine constraints, and Fed-driven dollar pressure shape momentum.

USD/JPY rises toward ¥156 resistance as traders await Fed and Bank of Japan decisions, with carry trade demand and central-bank guidance driving volatility.

AUD/USD retreats as US and Australian bond yields rise ahead of the Fed decision, but support above the 50-day EMA keeps a bullish bounce in play.

BTC/USD remains under pressure after the CLARITY Act stalls, with risk-off sentiment, rising rate expectations, and a bearish head-and-shoulders pattern pointing lower.

GBP/USD Forex Signal: Key 1.3465 and 1.3500 Level

EUR/USD remains under bearish pressure as rising oil prices, higher US bond yields, and a stronger dollar push the pair below key support.

This precious metal is trying to find its footing, but this is not the type of market that encourages much confidence. Price is holding near an important technical area while several major macro questions remain unanswered.