Forex Daily Forecast, Analysis and Prediction

Silver broke above $37.50 in a powerful Friday rally, triggering a short squeeze toward the $40 level, with dip-buying now favored in this ongoing bullish trend.

US stock markets inched higher to new record highs, but cloud cover is increasing with the announcement of new US tariffs, notably against Mexico and the European Union at 30% from August. We are likely to see more of a risk-off sentiment in markets this week, which could cause some reversals within long-term trends.

The GBP/USD began last week near its highs as it remained somewhat in sight of the 1.37000 ratio, only to go into this weekend below the 1.35000, this as nervousness was sparked by tariff rhetoric and weaker than expected U.K economic data.

WTI Crude Oil has turned in an upwards incremental price path since the last week in June. The commodity has gone into the weekend with a higher spot price and futures contracts all exhibiting flirtations with higher realms.

Gold steady, silver breaks resistance, DAX consolidates. USD mixed across pairs. Key levels and trends for the week of July 14.

The British pound continues to find support near 1.3550 within a strong uptrend, with eyes on the 1.38 resistance level as steady bullish momentum builds.

USD/CAD may be forming a double bottom at 1.3550, with a breakout above 1.3750 potentially fueling a rally toward 1.3920 amid favorable US rate differentials.

Meta stock hovers below key resistance at $745–$750, with dip-buying favored as long as $680–$700 support holds, potentially targeting $800 on a breakout.

The DAX index hesitates near record highs, with support at 23,500 and a potential grind higher toward 25,000 as investors remain cautiously optimistic.

Natural gas rallied Thursday amid heatwave support and EU demand, but long-term seasonal pressure and resistance near the 200-day EMA keep the bearish outlook intact.

The NASDAQ 100 continues to consolidate above 22,250, with persistent dip-buying and bullish structure pointing to upward momentum despite summer volatility.

Gold continues to trade sideways within the $3200–$3500 range, with external factors like Fed policy and global tensions keeping the market indecisive.

Silver hit strong resistance at $37.50, and a breakout on a daily close could trigger a bullish signal targeting $39.25, with strong support seen above $35.

The euro slipped slightly on Thursday, with traders watching key support at 1.16 and resistance at 1.18 as the broader uptrend remains intact.

As of this morning’s trading the USD/ILS is flirting near the 3.30000 vicinity, this after challenging the 3.29300 yesterday and coming