Forex Daily Forecast, Analysis and Prediction

Silver tumbled on Thursday as Fed hawkishness boosted the US dollar, putting the metal's uptrend at risk ahead of Friday’s crucial jobs data.

Natural gas bounced off the key $3.00 support level on Thursday, but seasonal demand weakness and a looming death cross suggest downside risks remain.

The US dollar continues to gain against the Japanese yen, with a break above 151 potentially targeting 156.5 as policy divergence deepens.

The Nasdaq 100 experienced volatile Thursday trading, with a short-term pullback expected before potentially resuming its bullish trend.

Gold remains trapped in a $300 range as traders await Friday’s US jobs report, with long-term bullish bias favoring buy-the-dip strategies.

The Aussie dollar shows bearish signals as it struggles below the 200-day EMA, with Friday’s jobs report poised to determine the next major move.

The USD/CAD pair extends its rally as US dollar momentum strengthens ahead of the US jobs report, while Canadian trade headwinds mount.

The S&P 500 remains in a strong uptrend heading into August, with low volume suggesting shallow pullbacks before buyers aim for the 6500 level.

Crude oil is expected to continue its choppy sideways range in August between $65 and $70 as traders weigh OPEC output against global trade uncertainty.

The NASDAQ 100 remains in a strong uptrend heading into August, with light volume likely but bulls targeting 24,000–25,000 on any short-term dip.

Gold enters August 2025 locked in a $300 range, with key levels at $3200 and $3500 as summer volume lulls and macro catalysts remain elusive.

The USD/MXN pair enters August in a choppy consolidation phase, with limited volume and resistance near 19.00 as peso strength continues to dominate.

The USD/ZAR has edged higher the past few trading sessions, this as global Forex has seen financial institutions show nervousness ahead of the Federal Reserve interest rate policy and tariff deadlines.

Bitcoin continues to hold onto an elevated price range in which its price around $118,100.00 seems to act like a magnet for the time being as August gets set to begin.

Ethereum has had one of its best trading months ever, having started July around the 2,300.00 ratio, ETH/USD now finds itself near 3,775.00 with the month of August about to start.