Forex Daily Forecast, Analysis and Prediction

After a dramatic rise and fall in June, WTI crude oil is poised for a slow bullish recovery in July, supported by seasonal demand and strong technical support at $65.

Gold prices may remain range-bound in July 2025, but a breakout beyond $3500 or a drop under $3200 could trigger a major directional shift.

The NASDAQ 100 looks poised for further upside in July following a breakout above 22,200, though tariff uncertainty and external risks could stir volatility.

The end of the Iran war with a clear US / Israeli victory and the possibility of an end to the war in Gaza, coupled with renewed risk-on bullishness which has sent US stock market indices to new record highs, is creating an increasingly strong risk-on environment that is seeing a major selloff in the US Dollar continue.

The GBP/USD has gone into this weekend near the 1.37164 mark. The currency pair produced another steady round of gains the past week as it broke through highs seen in late May and the first week of June.

WTI Crude Oil went into the weekend near the 64.330 price, but clearly that is not the full story for the commodity as it received international attention in the midst of the Middle East conflict.

Major markets react to easing geopolitical risks. Crude dips, gold slides, and forex sees key breakouts in the week ahead.

Ethereum gave up early gains near the 200-day EMA, and while upside potential exists above $2525, momentum hinges on Bitcoin’s continued strength.

The euro is stabilizing against the British pound near 0.85, with technicals hinting at a possible bullish breakout toward the 0.8650 resistance zone.

Silver continues to find strong dip-buying interest as bullish momentum builds toward the $37.50 resistance, with long-term targets near $40.

Bitcoin continues to consolidate within a $100K–$112K range, with bullish sentiment favoring a breakout toward $120K while short-term dips attract buyers.

Gold continues to consolidate around its 50-day EMA, with traders watching $3,200 support and $3,500 resistance as central bank demand offsets fading geopolitical risk.

Crude oil prices stabilized at $65 on Thursday as the market digests geopolitical calm and weak U.S. GDP, with technicals suggesting a slow grind higher.

The NASDAQ 100 continues its breakout, supported by Nvidia's rally and fading tariff concerns, with traders eyeing 23,000 as the next bullish target.

EUR/USD remains strongly bullish near 3.5-year highs, but technical indicators and upcoming US economic data hint at a possible short-term correction.