Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 is testing key resistance at 25,000, with a confirmed breakout likely to trigger momentum toward 26,000 amid strong trend support and risk appetite.

A disappointing average return on invested capital, shareholder value destruction, and a multi-year decline in profit margin accompany Berkshire Hathaway. Is it time to exit?

Negative earnings-per-share growth, contracting profit margins, and a dismal average return on invested capital overshadow the Red Hat growth. Will Big Blue turn into Big Red?

The British pound is testing major support against the Swiss franc near 1.0650, with a potential triple bottom forming as traders watch for signs of a rebound.

Bitcoin faces renewed selling pressure near $110,000, with support at $108,000 and the 200-day EMA in focus as traders await signs of stability.

Gold continued to climb above $4,200 on Wednesday, supported by central bank buying and geopolitical concerns, with short-term pullbacks viewed as buying opportunities.

The euro showed slight recovery against the US dollar, but remains vulnerable below key resistance, with a break under 1.1550 likely to accelerate selling.

USD/JPY dipped sharply but remains in a bullish structure, with key support zones near 150 offering potential buy-on-dip opportunities within a broader uptrend.

The Australian Dollar has gained some ground despite Australian unemployment rising to a new 4-year high.

BTC/USD remains under pressure below the 50-day EMA, with a bearish double top and weakening safe-haven appeal pointing to a potential drop to 107,000.

GBP/USD bounced to 1.3400 but remains under pressure, with a bearish pattern and weak macro outlook suggesting a retest of support at 1.3253.

EUR/USD remains rangebound near 1.1635 ahead of key Fed and ECB updates, with bearish technical patterns pointing to downside risk toward 1.1395.

The Euro against the U.S. Dollar (EUR/USD) exchange rate continued its losses to reach a two-month low when it tested the 1.1542 support level. Subsequent attempts to bounce higher failed to move above the 1.1630 level amid declining buying interest, which kept the Euro trading lower. Forex currency market analysts warn of the potential for further losses toward the 1.15 support if sentiment does not improve.

A new historical record is being set by the gold price index today in the mid-October 2025 trading session, as instant gold prices have risen to the threshold of $4200 per ounce, the highest in gold price history. According to gold trading company platforms, gold, the leading precious metal, has risen to a record high for the eighth consecutive quarter. Paradoxically, however, the yellow metal has achieved the lowest percentage increase among the other precious metals.

The USD/SGD is near 1.29520 as of this writing, this after seeing mid-term highs develop throughout Tuesday when the 1.30200 vicinity was battled.