Forex Daily Forecast, Analysis and Prediction

The US dollar steadies against the Swiss franc above 0.80, with traders eyeing a breakout toward 0.83 or a reversal to 0.79 as Fed cuts loom.

The US dollar remains choppy against the Canadian dollar near 1.38, with weak Canadian fundamentals and key EMA levels guiding short-term direction.

The New Zealand dollar rises against the yen but remains trapped in a tight ¥87.5–¥89 range, with risk sentiment driving short-term moves.

The British pound faces resistance at 1.3550, with risks of a pullback toward 1.3250 unless a breakout above 1.36 revives bullish momentum.

The US dollar gains against the Mexican peso near the 50-day EMA, but the downtrend persists with sellers targeting support around 18.50.

High valuations compared to its peers in the sector, a low return on average invested capital, long-term value destruction, and balance sheet issues plague this stock. The uncertainty of BNPL creates another headwind. Should you sell in twin bearish chart patterns?

Contracting free cash flow, high valuations, and a wobbly balance sheet have initiated a breakdown sequence. Insider selling raises another red flag. Is more downside ahead for this favorite institutional stock?

Natural gas remains rangebound between $2.70 and $3.20, with weak summer demand pressuring prices while winter demand expectations loom ahead.

Bitcoin finds support near $115K after testing the 50-day EMA, with dip buyers stepping in as bulls look toward a potential retest of all-time highs.

Silver remains rangebound above $37.50 support, with traders eyeing a bullish breakout toward $39–$40 as dollar moves and gold trends influence momentum.

The euro slips toward 1.16 against the dollar, with traders eyeing 1.14 support and 1.18 resistance as rangebound conditions dominate summer trading.

Gold remains stuck in sideways trade near key levels, with $3,500 resistance and $3,200 support defining the trend as markets await Jackson Hole.

AUD/USD holds steady near 0.6500, but bearish divergence points to a potential decline toward 0.6400 as traders await Fed signals from Jackson Hole.

Bitcoin struggles near $116K as selling pressure builds, with risks of a breakdown toward $112K unless bulls reclaim resistance around $123K.

The GBP/USD holds near 1.3500, with stronger UK CPI and fading BoE cut bets boosting bullish momentum toward 1.3600 ahead of Jackson Hole.