Forex Daily Forecast, Analysis and Prediction

Natural gas is attempting a reversal after filling the rollover gap, with bullish momentum building ahead of the December contract and winter demand.

Small-cap stocks too often make the headlines for the wrong reasons, including massive price swings, fraudulent activity, and accounting scandals. Most investors prefer large-cap and mega-cap stocks, such as those in the Magnificent Seven. Yet small-cap stocks offer the best growth potential of any cap size stocks. Should you consider adding some underdogs to your portfolio?

After the PHLX Semiconductor Index (SOX) dropped by 16% year-to-date at the end of April, it soared over 100% by mid-October. Savvy investors made tremendous profits by understanding the underlying currents driving price action. The AI boom relies heavily on cutting-edge semiconductors, but should you buy after the massive rally?

The GBP/USD went into this weekend near the 1.34238, which a rather solid bullish improvement compared to the low seen on Tuesday the 14th of October when the currency pair was near the 1.32500 vicinity.

Last week saw the continuation of existing bullish trends until the end of the week, when several precious metals came crashing down, although Gold and the US stock market held up and remain relatively bullish.

WTI Crude Oil has gone into this weekend below the price seen the previous weekend, this as the commodity stands around the 57.240 mark before trading opens early tomorrow morning.

Get the latest weekly forecast on key markets—currencies, gold, silver, oil, and NASDAQ 100, analyzing trends and trading opportunities.

The NASDAQ 100 continues to face strong resistance at the 25,000 level, with market momentum hinging on the performance of the Magnificent 7 tech stocks.

The US dollar is finding support near the 0.80 level against the Swiss franc, with traders watching risk sentiment and interest rate differentials for the next move.

The British pound has reached the 50-day EMA against the US dollar, trading near mid-range levels as traders watch broader USD trends for the next directional move.

Bitcoin faces renewed selling pressure below $112,000, with technical signals turning bearish and a potential break of the 200-day EMA threatening further downside.

The US dollar continues to weaken against the Mexican peso, with repeated failures at the 18.50 level reinforcing a bearish outlook amid rising risk appetite.

The US dollar is gaining against the Canadian dollar, supported by a golden cross and weak Canadian fundamentals, with a bullish target set at 1.4250.

Meta Platforms is showing signs of strength at a key technical support zone, and a break above $735 could trigger a rally back toward the $800 resistance level.

The US dollar finds fresh support near 150 against the yen, with bullish momentum hinting at a continuation toward 153 and possibly 162 in the longer term.