Forex Daily Forecast, Analysis and Prediction

The USD/BRL remains range-bound near 5.4350, with U.S. inflation data expected to trigger volatility as traders prepare for the Fed’s September rate cut decision.

A rising debt-to-asset ratio and stagnant operating margins overshadow its AI appeal in the medium term. Will the bearish price channel lead META to the downside?

Excessive valuations and rising input costs threaten Walmart’s upside momentum. An uncertain economic outlook and waning consumer confidence magnify the bearish impact. How strong is resistance?

USD/JPY bounced back above the 50-day EMA after testing ¥146.50, with the pair likely to stay choppy until the Fed’s September 17 meeting.

GBP/CHF rebounded from 1.07 support, with risk appetite likely to decide if the pair can push above 1.08 and the 50-day EMA near 1.0845.

USD/MXN found support at 18.50 as traders weigh weak US jobs data and Mexico’s reliance on US demand, with volatility likely before a decisive breakout.

NZD/USD struggled to hold above 0.5950, with RBNZ rate cuts and global trade risks pointing toward 0.5850 support unless buyers reclaim 0.60.

USD/CAD is consolidating near 1.38, with divergent jobs data and a sluggish oil market favoring a bullish breakout above the 200-day EMA toward 1.4025.

The euro failed for the third time at the 1.18 resistance barrier, keeping EUR/USD stuck in its 1.16–1.18 range as traders await key ECB and Fed updates.

Ethereum remains range-bound between $4,200 and $4,500, with a breakout above resistance needed to fuel a push toward $5,000.

The British pound faces heavy resistance at 1.36, with traders weighing U.S. recession risks against a potential breakout toward 1.38.

Bitcoin remains stuck near $113,000 resistance, with traders weighing Fed rate cut risks against the potential for a grind higher toward $120,000.

AUD/USD slipped back from resistance at 0.6630, with traders cautious on Australia’s reliance on China and renewed U.S. dollar resilience.

The price is rising from a new support level established at $1.3519, which is likely to be today’s pivotal zone down to the round number at $1.3500.

AUD/USD is consolidating near 0.6585, with technicals favoring a push toward 0.6700 as traders await US inflation data and the Fed’s next move.