Forex Daily Forecast, Analysis and Prediction

Bitcoin consolidates just under $120K as traders await the Fed’s interest rate guidance, with bulls targeting a move to $130K.

Gold remains rangebound between $3,200 and $3,500 as traders await the Federal Reserve’s interest rate decision and statement for breakout cues.

An excellent return on equity, a deep pipeline, and superb profit margins continue to power this leader in biotechnology and healthcare forward. Expectations are high for an earnings beat, but will the rally continue?

Despite a disappointing second-quarter earnings release, Chipotle’s balance sheet remains strong, and the expansion plans are ambitious. Shares plunged into a massive horizontal support zone. Should you buy it?

Bitcoin looks likely to make an explosive bullish breakout to new record highs - the question is when?

The AUD/USD pair is weakening amid soft inflation figures and technical bearish divergence, with downside risk growing ahead of major US economic data releases.

The GBP/USD pair remains under bearish pressure ahead of the FOMC decision, with technical signals pointing toward further losses toward 1.3250.

The EUR/USD pair has broken down from a bearish double-top pattern, with technical indicators suggesting a likely decline toward the 1.1440 level.

US Federal Reserve, Bank of Canada Expected to Hold Rates at Policy Meetings; Australian Inflation Unexpectedly Drops; US Advance GDP Expected to Rise; US Payrolls Forecast Low

The S&P 500 is trading above the 6,400.00 level this morning in futures markets, this as buying optimism has brought the famed equity index to new heights.

New record heights were made in the Nasdaq 100 early on Monday as investors rushed into the index and managed to sustain solid values throughout the day, today futures trading has produced positive results.

A triple-digit return on equity and healthy profit margins were unable to overcome balance sheet issues and negative earnings-per-share growth in GoDaddy. Will the selloff continue, or should you trust support levels?

A saturated US market and high valuations have combined, with questions about Coinbase’s profitability despite the rise of cryptocurrency volumes and fees during the second quarter. Should you follow the bearish price channel?

Risky assets are sinking firmly as markets back off from the risk-on mood the week opened with, sending the price much lower.

The USD/CHF rallied sharply following the US-EU trade agreement, but a daily close above 0.81 is needed to confirm a breakout from the current consolidation zone.