Forex Daily Forecast, Analysis and Prediction

USD/ILS spiked near 3.38840 as traders reacted to Jerome Powell's hawkish Fed stance, with upcoming U.S. jobs data and resistance near 3.40000 in focus.

The USD/SGD pair has surged sharply from multi-month lows amid renewed USD strength following Fed Chair Powell’s hawkish stance and market uncertainty.

Toncoin (TON) is trading around $3.50 today, rebounding sharply after consolidating between $3.10 and $3.35 for much of the past two weeks. The movement has TON testing a critical resistance band, with bulls attempting to regain control.

Negative earnings in each of the past five years, high valuations, and a negative return on equity pushed its share price lower. Bulls and bears will square off at a key junction, but how strong are support levels?

The DAX rose slightly on Wednesday, reflecting cautious bullish sentiment as low volume and EU-US trade deal concerns keep momentum in check near record highs.

The Canadian dollar shows bullish potential against the yen as traders await the BoJ decision, with key levels at ¥108.80 and golden cross momentum building.

The ASX 200 is consolidating near key resistance at AU$8800, and a breakout could lead to a surge toward AU$9000 amid commodity strength and financial sector support.

Bitcoin is trading in a tight consolidation near $120,000, forming a bullish flag with potential for a breakout toward $130,000 if momentum returns.

Excellent profit margins and return on equity were unable to prevent a breakdown in Fortinet. High valuations and worries about how it will fit the AI wave dominate. Should you buy the dip or sell the rally?

The Euro remains under pressure ahead of the FOMC, with traders watching key support levels and Powell's comments for clues on future USD direction.

US Federal Reserve Holds Rates, Warns on Tariff Inflation; Expectation of September Rate Cut Drops Sharply, US Dollar Rises Strongly, Commodities Plummet; NASDAQ 100 and S&P 500 Indices Rise to New All-Time Highs Off-Hours; Trump Announces Tariff Changes for Copper, Brazil and India; Bank of Canada Leaves Rate Unchanged

Meta Platforms is under pressure ahead of its Q2 earnings release and the Fed’s interest rate decision, with traders watching for value on dips toward support zones.

The US dollar strengthened against the Canadian dollar following the Bank of Canada's rate hold, with traders now focused on the FOMC press conference for next steps.

The British pound weakens ahead of the FOMC decision, with a close below 1.32 potentially triggering further downside if Jerome Powell signals no rate cuts.

The US dollar is rising against the Swiss franc ahead of the FOMC, with a breakout above 0.8150 signaling bullish continuation if confirmed on a daily close.