Forex Daily Forecast, Analysis and Prediction

USD/RUB climbs above 85.00 amid escalating Russia-West tensions, with traders eyeing resistance at 85.50 and potential upside toward 86.30.

NZD/USD is holding near 0.5930 with cautious upside momentum, as traders await US CPI and New Zealand manufacturing data for the next directional move.

Chainlink (LINK) is trading around $23.7, holding its ground after another attempt to push through the $24 region.

Despite September’s traditional status as a bad month for crypto, prices across the cryptocurrency ecosystem notched higher over the past week, with some tokens recording double-digit gains.

A slowdown in EPS and revenue growth, excessively weak gross margins, and economic uncertainty plague the share price of COST. Is a fresh sell-off brewing?

The average return on invested capital lags its peers, its share count continues to rise, and valuations are high. Is a more severe sell-off on the horizon?

Ethereum is consolidating between $4200 and $4500, with a breakout higher setting up a bullish signal targeting $4900.

USD/CHF remains rangebound near 0.79 support, with upside potential toward 0.81 if a double bottom holds and risk sentiment stabilizes.

Bitcoin is holding above $110K and the 50-day EMA, with bullish momentum targeting $117K–$120K while $108K remains key downside support.

USD/CAD remains rangebound below the 200-day EMA, with support at 1.3750 and resistance near 1.40 as Fed policy and Canada’s weak outlook drive sentiment.

USD/ZAR is testing support near 17.50, with a breakdown below 17.40 opening downside risk toward 17.00 as global risk appetite drives Rand strength.

Nvidia shares surged 4% toward $185 on bullish AI momentum and strong cash outlook, with pullbacks viewed as potential buying opportunities.

EUR/USD remains rangebound between 1.16 and 1.18 as traders await Thursday’s ECB decision for direction.

USD/JPY remains rangebound near 146.50 with bullish bias intact, supported by interest rate differentials and anticipation of Thursday’s US CPI release.

USD/INR consolidates near 88.00 with potential for a breakout above 88.50 or a short-term dip, as trade tensions and global growth concerns drive sentiment.