Forex Daily Forecast, Analysis and Prediction

Tesla pulled back from $440 resistance, with support near $395 expected to offer a floor before the stock resumes its broader bullish trend.

USD/MXN rallies to 18.50 on strong US GDP data, with resistance in play as traders watch for exhaustion and potential pullbacks toward 18.20.

Bitcoin drops toward key $106K support as strong US GDP data strengthens the dollar, with traders watching for a bounce or a deeper slide toward $100K.

GBP/USD sinks below 1.34 as strong US GDP and labor data fuel dollar strength, with traders eyeing 1.32 support or a rebound toward 1.36.

USD/CAD surges past 1.39 after hot U.S. GDP data, with buyers eyeing 1.40 and 1.42 as technicals confirm a bullish breakout.

Silver extends its uptrend above $45, with dip-buying momentum likely to drive prices toward $46 and possibly $50 over the longer term.

USD/JPY breaks out on strong U.S. GDP data, with 149 acting as support and traders eyeing 151–152 as bullish momentum and a Golden Cross build.

EUR/USD declines toward 1.16 support, with traders watching closely as the U.S. dollar regains strength and risks a major shift in trend if support fails.

Gold remains choppy but supported above $3,700, with the bullish trend intact and traders eyeing $3,800 resistance and a longer-term move toward $4,000.

The NASDAQ 100 pulled back to 24,400 before buyers stepped in, with the broader uptrend supported by Fed rate cut optimism and strength in key tech stocks.

Gold retreated from all-time highs after dollar stabilization, but the bullish trend holds with key support at $3,650 and upside targets toward $3,800–$3,835.

The EUR/USD pair faces renewed selling pressure near 1.1728, with weak German data and Fed caution weighing ahead of key US GDP and inflation releases.

The USD/ILS trades sideways near 3.3540, with Israel’s holiday-thinned volumes keeping action muted as traders await US GDP data for direction.

Dogecoin is not far from a major bullish breakout – will it make it?

NZD/USD is under pressure near 0.5820 as traders weigh the upcoming US GDP release and the RBNZ governor transition, with 0.5800 as key support.