Forex Daily Forecast, Analysis and Prediction

Gold (XAU/USD) remains supported above $4000 as market uncertainty and growing Fed rate cut expectations buoy prices ahead of major US economic data.

EUR/USD holds in a tight bearish range as traders await pivotal US economic data, with a breakout likely depending on inflation and retail sales figures.

An earnings miss, a new strategic collaboration worth approximately $600 million, and an excellent dividend yield above 5% provide a floor under the price slump. Is a reversal for Extra Space Storage in store?

Negative earnings over the past five years, disappointing billings guidance, and overconfidence in its slow AI adoption are concerning. Will the breakdown extend the correction in Atlassian?

The US dollar continues to strengthen against the yen, with rate differentials driving upside momentum and key support levels attracting buyers toward the 160 target.

USD/CHF is testing key resistance near 0.8150, and a breakout above the 200-day EMA could trigger bullish momentum toward 0.8350, supported by strong fundamentals and SNB posture.

The DAX index bounced from key support at 23,000 and the 200-day EMA, with traders cautiously targeting 24,500 as global sentiment hinges on upcoming signals from the Federal Reserve.

The British pound saw a slight rebound on Monday, but resistance near 1.32 and looming bearish technical patterns suggest further downside could be ahead.

The US dollar regained ground against the Mexican peso on Monday, testing resistance near 18.50 while support at 18.25 remains a pivotal level amid shifting economic sentiment and rate dynamics.

Silver continues to trade in a volatile, low-volume range, with traders eyeing $46.50 for a bearish breakdown or $51.50 for a bullish continuation signal.

The Euro continues to face selling pressure near 1.16, with fading rallies and overhead resistance pointing to a possible move toward 1.14 or even 1.11 if support fails.

Bitcoin shows intraday strength near $80,000 but remains vulnerable below key resistance at $92,500, with a breakdown below $75,000 potentially triggering a sharp move to $60,000.

Crude oil is attempting a short-term bounce from recent lows, but oversupply, weak demand, and resistance near $60 continue to favor bearish momentum within a defined range.

Gold remains stable above $4,000 in quiet holiday trading, with key resistance at $4,200 and support at $3,950 defining the next major move.

The S&P 500 Index has bounced off its 100-day EMA and reclaimed the Ichimoku cloud, driven by a resurgence in AI stocks, with bulls now targeting the all-time high at $6,900.