Forex Daily Forecast, Analysis and Prediction

As the month of October approaches, BTC/USD has turned in another handful of weeks that has produced a polite high but then experienced a strong headwind which brought support levels into focus.

Silver is traversing long-term highs and is coming within sight of historic realms as it trades near $49.9000 a couple of days before October starts.

The USD/INR has seen more dynamic upside in the past week, this came after a rather predictable rise in the currency pair which started to occur in early September and built steam as trade negotiation problems between India and the U.S grew worse.

The EUR/USD is near the 1.17250 mark as of this writing, this as September’s trading finishes and October gets ready to start in a couple of days.

The USD/ZAR is near the 17.25250 ratio as of this morning, this as the currency pair continues to press upon its lower realm and produces a solid bearish trend which has been rather consistent since the 1st of August.

The Nasdaq 100 trades near record levels but faces heightened risk and volatility as U.S. government shutdown fears unsettle markets, with support at 24,600 and resistance at 24,655.

The S&P 500 trades near record highs but faces short-term volatility as U.S. government shutdown fears unsettle markets, with support at 6,651 and resistance at 6,668.

High valuations, shrinking operating margins, and low annual recurring revenues suggest underlying challenges for Autodesk. How strong is resistance?

Industry-leading profit margins could come under threat from healthier competitors that are taking market share in the fast-food dining sector. Is more downside ahead for McDonalds?

USD/CAD is pulling back to test 1.39 support, but strong US data and Canada’s weak jobs market keep the bullish bias intact toward 1.4150.

Meta stock remains range-bound between $725 and $800, with the 50-day EMA offering short-term direction as traders watch for a breakout.

The euro rose modestly against the US dollar on Monday but remains neutral, with 1.16 as key support and 1.18–1.20 as critical resistance.

The Australian Dollar rebounded from key 0.6550 support, with momentum building toward 0.6650, though downside risks remain if support breaks.

Gold surged higher on Monday, breaking past technical targets, with momentum now pointing toward $3,915 and potentially the psychological $4,000 mark.

Silver broke above $47 in early trading, with momentum eyeing the long-term $50 resistance, though analysts warn the rally looks overextended.