Forex Daily Forecast, Analysis and Prediction

The U.S. dollar dropped to critical support near ¥153 against the yen, but with a strong uptrend intact and rate differentials favoring the dollar, dip-buying remains the favored strategy.

The U.S. dollar pulled back slightly against the Swiss franc near 0.81 on Thursday, but a developing bottoming pattern favors buying dips over shorts.

EUR/USD continues trading in a bearish structure, with a short-term pullback likely facing strong resistance near 1.1600, aligned with key Fibonacci levels.

Gold prices (XAU/USD) hover around the $4000 mark amid neutral momentum, with strong support near $3920 and key resistance around $4040 as traders assess Fed policy outlook.

USD/SGD hovers above 1.305 as traders assess Fed-driven USD strength and global risk sentiment, with key support at 1.30400 and resistance near 1.30860.

USD/MXN remains volatile within a wide trading range as Fed rate outlook uncertainty and missing economic data fuel nervous sentiment in global markets.

Polkadot (DOT) is trading at approximately $2.60, showing muted price movement over the past 24 hours.

The U.S. dollar continued its bullish run against the Canadian dollar above 1.41, driven by rate differentials and trade tensions, with 1.4250 as the next target.

Crude oil remains pressured below $62, with short-term rallies facing selling as weak demand and ineffective sanctions contribute to ongoing oversupply concerns.

The USD/JPY pair bounced from support at ¥153 on Wednesday, with bullish momentum aiming for a breakout above ¥154.50 as yen weakness persists.

Natural gas prices pause near $4.30 after a strong surge, with seasonal demand and cold forecasts supporting a buy-on-dip approach toward the $5 target.

Silver prices surged toward $47 early Wednesday, but with resistance near $50 and overextended momentum, consolidation is expected in the near term.

A 5% revenue miss and a 16%+ EPS miss, slowing profit margins, and a cooling demand for its generators raise red flags. How to handle Generac Holdings’ earnings miss?

A disappointing non-US same-store sales outlook, an ongoing loss of low-income diners, and an earnings miss support a bearish case for McDonalds. Did disappointing earnings suggest a correction?

Nvidia showed resilience above $200 on Wednesday, with strong support and AI optimism suggesting pullbacks remain buying opportunities ahead of earnings.