Forex Daily Forecast, Analysis and Prediction

Gold pulls back ahead of the FOMC decision, with traders watching $3,600–$3,650 support as a springboard toward the $3,800 bullish target.

BTC/USD holds near $116K post-Fed cut as ETF demand stays strong, but a rising wedge signals risk of a pullback toward $110K before fresh highs.

The GBP/USD pair trades near 1.3720 as markets digest the Fed’s rate cut and await the BoE decision, with UK inflation keeping pressure on policymakers.

EUR/USD is consolidating near 1.1850 after the Fed’s 0.25% rate cut, with bulls targeting the key 1.2000 level as the uptrend remains strong.

The euro climbed to a 4-year high at 1.1878 against the dollar, with markets eyeing 1.20 if the Fed confirms a dovish outlook.

Gold prices remain bullish near $3670 ahead of the Fed’s expected 0.25% rate cut, with markets eyeing a breakout toward $3720–$3780.

USD/SGD trades near 1.2765 ahead of the Fed’s expected 0.25% rate cut, with volatility likely as markets gauge guidance for October.

The USD/BRL dropped under 5.3000, trading at lows not seen since June 2024, as traders await today’s Fed rate cut decision. With bearish momentum intact, volatility is expected depending on the Fed’s outlook for October and beyond.

USD/INR fell toward 88 support on Tuesday as markets awaited the Fed’s decision, with traders watching for clues on whether the long-term bullish trend will continue.

The S&P 500 gave back early gains Tuesday, with markets cautious ahead of the Fed decision, eyeing 6,500 support and 6,700 resistance.

NZD/USD is eyeing the 0.60 resistance level, with traders awaiting the Fed decision to confirm a breakout toward 0.6150 or a pullback to 0.5933.

Ethereum rebounded from $4,500 support, forming a bullish hammer, with traders watching $4,800 upside and $4,200 downside levels.

The GBP/USD is bullish toward 1.38, but Fed and BoE decisions could spark sharp volatility and trend shifts.

Industry-leading returns on assets, equity, and invested capital provide a solid foundation for bulls to capitalize on the recent sell-off. What impact will an interest rate cut have, and should you buy the dip?

Average gross margins, the departure of its Chief Product Officer, and concerns over its ability to expand its viewer base have changed the investment narrative around Netflix. What will follow its breakdown?