Forex Daily Forecast, Analysis and Prediction

Meta Platforms kicked off the week with a strong bullish gap to a record high, and while a pullback may be due, momentum suggests a potential move to $800.

The US dollar remains stable against the Japanese yen, with support from interest rate differentials and concerns over Japan's bond market suppressing yen strength.

Crude oil is consolidating around the $65 level, with traders eyeing a potential breakout above $66.50 as recent volatility subsides and risk sentiment cools.

The USD/CAD pair declined as Canadian tariff news eased tensions, while traders await key US jobs data to determine the next major price move.

Bitcoin continues to consolidate within a bullish range, with short-term pullbacks offering buying opportunities ahead of a potential breakout toward $120,000.

Silver shows renewed strength as dip buyers return, with potential to rally toward $37.50 and possibly $40, supported by inflation and industrial demand.

Ethereum remains rangebound above $2,400 support as traders await Bitcoin’s direction, with upside potential to $2,800 or downside risk to $2,200.

Despite recent pullbacks, the DAX index remains in a strong uptrend with key support at 23,500 and bullish targets eyeing 25,000 in the long term.

Gold is consolidating near key levels but shows bullish momentum above the 50-day EMA, with potential for a breakout toward $3,800 if resistance gives way.

Weak gross margins and a current ratio flashing a potential warning signal for a share price that is close to analyst price targets explain the most recent 5%+ sell-off. Find out where this company is headed in a potentially stagflationary environment.

The Australian dollar surged past key resistance to 0.6580, fueled by a crashing US dollar, upbeat trade sentiment, and Fed rate cut expectations.

The British pound surged to 1.3720 against the US dollar, with bulls targeting 1.3850 as dovish Fed signals and PMI data drive further upside.

The EUR/USD continued its steep climb to 1.1770 amid dollar weakness and policy concerns, with bulls targeting 1.200 ahead of critical US economic data.

The USD/ZAR pair enters July near multi-month lows, driven by sustained dollar weakness, improving sentiment toward South Africa, and key tariff deadlines ahead.

After a sharp spike amid geopolitical tension, the USD/INR has settled back to familiar levels, with July’s outlook hinging on U.S.-India tariff talks and RBI policy.