Daily Forex, Gold and Crypto Analysis
Daily outlooks, session briefs and event coverage for major currency pairs, gold and crypto. Every piece is built from live prices, computed levels and the economic calendar. This week's economic calendar lists the releases these previews cover.
Why Is Gold Moving Today? XAU/USD Breaks Below Key SupportGold has dropped 2.08% to $4,074.40, slipping below S3 support at $4,084.65 amid inflation-driven headlines, with the 5-day low at $4,066.34 the next level in view.
AUD Unemployment Rate s.a. Preview: AUD/USD Near Pivot at 0.69704AUD/USD trades between S1 at 0.69552 and the daily pivot at 0.69704 ahead of tomorrow's Australian Unemployment Rate s.a., due at 00:30 UTC with the estimate unchanged at 4.6%.
Why GBP/USD Is Falling Below the 20-Day Low TodayGBP/USD has broken below the 20-day low near 1.318 and trades 0.6% lower, with daily, four-hour and one-hour trends all pointing down ahead of today's Fed's Bowman speech and Beige Book, and tomorrow's UK data and US retail sales.
Why Is USD/CAD Moving Today? Dollar Presses Toward 1.4300USD/CAD is up 0.48% and testing the previous day high near 1.42823, with the daily and four-hour trends pointing higher ahead of today's Fed Beige Book and tomorrow's US retail sales and PPI reports.
New York Session Forex Update: Dollar Gains Ahead of Fed Beige BookThe US dollar exhibits broad strength during the London and New York overlap, pressing EUR/USD and gold lower. Traders are watching for the upcoming Fed Beige Book release.
Why Is EUR/USD Moving Today? Pair Breaks Below S3EUR/USD has dropped to 1.11147, down 0.79% from the previous close, breaking below the entire pivot ladder to S3 at 1.11159 with the next round number at 1.11 the nearest level below price.
WTI Crude Oil Gains Momentum Amid Geopolitical FocusWTI Crude Oil advances 0.78% today, supported by bullish trends across multiple timeframes. Immediate resistance sits at R1 (95.037) ahead of today's US data slate.
Bitcoin News Today: BTC Holds Near $83,369 Before US CPIBitcoin is little changed near its previous close as traders position ahead of today's US CPI release, with the daily pivot and R1 framing the near-term range.
London Session Forex Update: Dollar Pairs Mixed Ahead of US CPIDollar pairs are little changed in London trading as EUR/USD, GBP/USD and USD/JPY hold near their daily pivots while gold and oil lag, with US CPI and a run of ECB and Fed speeches still ahead.
GBP/USD Forecast Today: Steady Near 1.32613 Before US CPIGBP/USD sits between the daily pivot at 1.32378 and R1 at 1.3274, with the daily trend still down even as H4 and H1 point up. Today's US CPI release at 12:30 UTC is the session's main scheduled risk.
Ethereum (ETH/USD) Holds Near $2,500 Ahead of CPIEthereum trades at $2,503.53, up 0.29% on the day, but daily, H4 and H1 trends are pulling in different directions as today's US CPI release approaches at 12:30 UTC.
USD/CAD Forecast Today: Price Stalls Below Pivot Pre-CPIUSD/CAD is consolidating between the previous day low at 1.42029 and the daily pivot at 1.42331, with daily, H4 and H1 trends split ahead of today's 12:30 UTC US CPI release.
AUD/USD Forecast Today: Coiled Near 0.70 Ahead of US CPIAUD/USD trades between R1 at 0.69959 and R2 at 0.70111, with the daily trend down but H4 and H1 trends up, keeping the bias neutral into today's 12:30 UTC US CPI release.
USD/JPY Forecast Today: Price Holds Near Pivot Before US CPIUSD/JPY is consolidating between S1 at 157.86 and the daily pivot at 158.243, with trend signals split across timeframes ahead of today's US CPI release and Fed commentary.
Bitcoin (BTC/USD) Forecast Today: Holds Near $83,390 Before CPIBitcoin trades near $83,390, caught between the daily pivot at 82774.30 and R1 at 84625.73, with the daily trend up but H4 momentum mixed ahead of today's US CPI release.
Gold Forecast Today: XAU/USD Holds Below $4,169 PivotGold sits between the previous day low at $4,146.78 and the daily pivot at $4,169.33 as daily, four-hour and one-hour trends all point lower ahead of today's US CPI report and two Fed speeches.
EUR/USD Forecast Today: Holds Near 1.1206 Ahead of US CPIEUR/USD trades near 1.12059, up slightly on the day, consolidating between the daily pivot and R1 with US CPI and several ECB speeches due later in the session.
US CPI Preview: Key Levels for EUR/USD, Gold, Nasdaq 100Daily trends are split across EUR/USD, USD/JPY, gold and Nasdaq 100 heading into today's 12:30 UTC US CPI release, with gold near $4,150 and the other three holding close to their pivots.
Gold Price Forecast Today: Steady Near $4,161 Before US CPIGold sits flat near $4,160.74 and the majors are mixed heading into today's US CPI release at 12:30 UTC, with AUD/USD and Bitcoin both testing their daily pivots.
Why USD/CAD Is Sliding Toward Its 5-Day Low TodayUSD/CAD sits at 1.42137, down on the day and squeezed between the 5-day low at 1.4203 and S2 at 1.4221, with daily and short-term trend signals pulling in different directions ahead of tomorrow's US CPI release.
New York Session Forex Update: Mixed Majors Ahead of US DataMajors are mixed during the London-New York overlap, with EUR/USD, GBP/USD and gold firmer and USD/CAD and USD/JPY softer, ahead of US data and ECB's Lane speech.
Nasdaq 100 Forecast Today: Price Holds Below Pivot Near S1Nasdaq 100 is down 0.66% and trading between S2 at 30332.3 and S1 at 30494.8, with the four-hour and one-hour trends both pointing lower ahead of tomorrow's CPI report.
AUD/USD Forecast Today: Bearish Bias Holds Below 0.70AUD/USD trades just under the daily pivot at 0.69684, with daily and H4 trends pointing down and the 0.70 handle still capping recovery attempts.
London Session Forex Update: Dollar Mixed, Gold and Bitcoin LeadThe dollar trades mixed through the London session as gold and Bitcoin lead a broader advance and EUR/USD and GBP/USD post modest gains, with Fed and ECB speeches due before New York hours.
Ethereum Forecast Today: ETH/USD Bounces Toward R1 at $2,534ETH/USD has rebounded 3.44% to 2528.13, pressing against R1 at 2534.09, but mixed daily, four-hour and one-hour trend readings keep the broader picture neutral ahead of tomorrow's CPI release.326–350 of 640