Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 trades sideways on thin summer volume, with 23,250 seen as key support and a breakout above 24,000 signaling renewed bullish momentum.

The latest earnings release sent shares lower, but investors benefit from excellent return on invested capital and superb profit margins. While ABNB is expanding into two core growth markets, two developments have changed my recommendation since last time. Should you buy the dip?

Following a more than $100 sell-off since the end of July, the balance sheet looks healthy. The implementation of AI-assisted tools shows early signs of delivering future results, but valuations remain high. Does the horizontal support zone warrant a buy order?

WTI crude oil struggles below $65, with traders watching Fed policy, global trade, and geopolitical developments for the next breakout signal.

The US dollar is consolidating against the Swiss franc near the 50-day EMA, with traders watching Fed policy shifts and the franc’s safe-haven appeal.

Bitcoin retreats after a false breakout, with risk-off sentiment pushing prices toward $115K support as traders await the Fed’s September statement.

Gold remains rangebound with $3,500 acting as a key barrier, while traders eye potential breakouts toward $3,800 or pullbacks toward $3,200.

The US dollar is consolidating between major moving averages against the yen, with traders watching for a breakout above 148 or a slide below 145.

With rising geopolitical tensions and NATO-backed defense spending, top war stocks like Lockheed Martin and Leidos Holdings offer strong long-term value through innovation, government contracts, and resilient earnings.

The AUD/USD pair is trading in a tight range near 0.6500 as traders digest mixed Australian employment data and await policy signals from the upcoming Jackson Hole Symposium.

The BTC/USD pair has formed a bearish double-top pattern near 123,000, suggesting a potential pullback toward 112,000 as Fed policy uncertainty and Ethereum momentum weigh on sentiment.

The GBP/USD pair is gaining bullish momentum, driven by strong UK GDP data and stagflation concerns in the US, with technical indicators pointing to further upside toward 1.3785.

The EUR/USD pair is showing bullish potential after forming an inverse head and shoulders pattern, supported by resilient U.S. data and anticipation of upcoming ECB and Fed decisions.

Dividend stocks can offer investors stability and sustainable passive income. They are also an excellent component of a long-term retirement portfolio. Investors have many options to diversify their dividend portfolio, ranging from low-yield and high-stability to high-yield and low-certainty dividend stocks. Learn what you should consider before your purchase, and which are the best dividend stocks with equity markets at all-time highs.

The EUR/USD has gone into this weekend near the 1.17025 mark, this after buying returned in force after a momentary push lower on Thursday in the wake of contradictory U.S inflation numbers.