Forex Daily Forecast, Analysis and Prediction

The NZD/USD pair failed to hold early gains on Thursday, forming a shooting star near resistance at 0.61 as the pair remains trapped in a long-term range.

Silver rallied from a dip on Thursday as buyers remain active above $37.50, with bullish momentum and industrial demand supporting a push toward the $40 level.

Gold slipped back into its inner consolidation range on Thursday, with low volume and technical support near $3,200 shaping a cautious but still bullish outlook.

The US dollar bounced off the 50-day EMA against the yen on Thursday, signaling a potential move toward 148 as interest rate differentials drive sentiment.

The Euro remained rangebound after the ECB held interest rates, with traders watching key levels at 1.18 and 1.15 for clues on future direction.

The S&P 500 paused on Thursday following a strong prior session, with traders eyeing value opportunities amid a slow but persistently upward summer trend.

BNB is trading around $767, maintaining its position above key support after briefly touching a new all-time high near $804 earlier this week.

The EUR/USD pair extended its bullish momentum toward 1.1785 on July 24, supported by investor optimism over trade progress and anticipation of a critical ECB policy announcement.

Gold (XAU/USD) faces profit-taking pressure after hitting a five-week high, with traders eyeing $3380 support and awaiting ECB and Fed policy cues.

The USD/SGD pair has dropped to near-monthly lows around 1.2760 as risk-on sentiment weakens the USD, with further declines possible before next week’s Fed meeting.

The USD/ILS pair is under pressure, testing support near 3.32 as low trading volumes and a weakening US dollar dominate sentiment heading into the weekend.

The GBP/USD pair is regaining bullish momentum, approaching the 1.36 resistance as strong technical support zones and market confidence drive the rally.

The USD/CAD pair is testing a critical 1.3550 support level, with potential breakout or breakdown trades hinging on broader US dollar sentiment and US-Canada trade tensions.

Yesterday’s earnings reports failed to inspire investors, and AT&T continues to trail T-Mobile. Balance sheet issues and value destruction add to bearish fundamentals. How should you play the recent share spike?

A negative return on equity, a continued loss in market share, and a miss on the AI hype have punished Intel. How should you trade Intel with the stock price at resistance and its earnings reports out after the bell?