Forex Daily Forecast, Analysis and Prediction

The USD/RUB remains locked in consolidation ahead of Friday’s Trump–Putin meeting, with slight downside bias possible but breakout potential hinging on post-summit sentiment.

NZD/USD remains range-bound below the 0.6000 resistance, with traders awaiting New Zealand data and US PPI to determine whether the pair can break higher or face renewed pressure.

A dismal return on invested capital, declining profit margins, and excessive valuations raise significant red flags. The economic backdrop also provides a massive challenge to Dayforce’s revenue model. How should you approach the most recent bounce in price action?

An excellent return on invested capital, superb profit margins, and low valuations make this AI peripheral stock an attractive opportunity, but its share price has cratered since July. Should you buy the current breakout?

USD/JPY edged lower on Wednesday, consolidating between major EMAs as traders watch ¥148 resistance and weigh Fed rate-cut risks against Japan’s ongoing monetary easing.

Silver rallies midweek as a weaker US dollar and dovish Fed outlook fuel buying interest, with bulls eyeing $39 and potentially $40 if momentum holds.

AUD/USD climbs after Australia’s jobless rate improves to 4.2%, with technicals pointing toward a test of 0.6625 resistance if bullish momentum holds.

BTC/USD extends its rally on record ETF inflows and improving market sentiment, with bullish momentum targeting $125,000 while the 50-day MA supports at $114,500.

The FTSE 100 continues to consolidate below 9200 GBP, with technicals suggesting a potential breakout toward 9350 GBP if resistance is breached.

GBP/USD strengthens on sustained dollar weakness and UK data focus, with bullish momentum targeting 1.3675 while support rests near 1.3425.

Bitcoin is attempting another breakout above $120K, with a confirmed daily close over $121K signaling potential upside toward $130

The NASDAQ 100 eased after early gains, with sector rotation and upcoming PPI data shaping near-term sentiment, while Fed rate cut expectations remain a key driver.

EUR/USD climbs on rising Fed cut expectations, with technicals pointing to further gains toward 1.1850 if support at 1.1685 holds.

EUR/USD is drifting toward the 1.18 double-top resistance, with a pullback to 1.16 possible, as market focus remains on Fed rate cut expectations.

GBP/USD is approaching the 1.36 resistance, with traders watching for a breakout toward 1.38, while the 50-day EMA near 1.3433 offers key support.