Forex Daily Forecast, Analysis and Prediction

Nvidia surged over 5% on Tuesday following U.S. approval to sell AI chips to China, pushing the stock into bullish territory with eyes on $175 resistance.

Bitcoin pulled back sharply on Tuesday after breaching $120,000, with traders eyeing support at $115K–$110K as potential dip-buying zones in a bullish trend.

The Australian dollar fell sharply after soft US CPI data reduced Fed rate cut odds, testing key support near 0.65 amid a lackluster Asia-Pacific market outlook.

The euro plunged to the 1.16 support zone after softer-than-expected US CPI data cast doubt on imminent Fed rate cuts, sparking a sharp market repricing.

Silver's volatile Tuesday performance puts the $37.50 support level in focus, with potential bullish momentum hinging on a successful rebound.

The NASDAQ 100 continues its uptrend above 23,000, but declining volume and uncertain macro signals suggest slower momentum through the summer.

Crude oil remains in a noisy, consolidated phase near the 50-day EMA, with traders eyeing a potential grind toward $70 or a pullback to $65.

Gold remains in a tight consolidation between $3,200 and $3,500 amid summer market slowdown, dollar strength, and central bank buying activity.

Natural gas remains volatile as it tests the 50-day EMA and uptrend line, with seasonal weakness and European demand influencing short-term direction.

The Nasdaq 100 rallies near 23,000 on Tuesday, driven by speculative buying, favorable Nvidia-China news, and anticipation of US inflation data.

The S&P 500 hovers near the 6,300 mark, breaking into record highs as traders weigh bullish momentum against upcoming inflation data and tariff risks.

Bitcoin (BTC) hit an all-time high of $123,000 on Bitstamp on Monday, entering uncharted waters as market participants awaited the US CPI print for June, expected to offer fresh signals on the Federal Reserve’s policy path.

Gold continues its bullish climb near $3383 as investors eye key US inflation data and rising global trade tensions, with technicals supporting further upside.

EUR/USD remains under pressure near 1.1667 as markets brace for US CPI data and German ZEW sentiment, with technical signals pointing to a potential drop toward 1.16.

A recent analyst downgrade hammered price action, while unrealistic valuations, even for a high-flying AI-driven tech stock like Datadog with value destruction and a single-client dominant business model, spell trouble ahead. Is this company a sell-the-rally candidate?