Forex Daily Forecast, Analysis and Prediction

NZD/CHF is attempting to break above the 50-day EMA, with traders watching for a move toward 0.4850 and 0.50, while support remains near 0.4725 amid choppy, low-volume summer trading.

Amazon shares are climbing midweek, finding support at the 50-day EMA and aiming for the $235 gap, as institutional buying momentum keeps downside risk limited barring a broader market sell-off.

Gold is consolidating near the $3,400 level, with technicals hinting at potential upside if $3,500 is breached, driven by expectations of Fed rate cuts and ongoing geopolitical uncertainty.

EUR/USD gains on weaker US CPI, testing the 1.1700 resistance as traders watch German inflation data and Fed commentary for the next directional cue.

The USD/BRL hovers near 5.4000, aligning with broader USD weakness after soft U.S. inflation data, as traders eye potential dips toward 5.3760 while maintaining cautious risk management.

USD/SGD hovers near 1.28200 after U.S. inflation data boosted Fed rate cut expectations, with traders eyeing a potential test of the 1.28000 support zone.

Ethereum continues to push higher after breaking $4,000, with traders eyeing $5,000 as Bitcoin struggles at $120,000, and key support zones at $4,000 and $3,400.

Natural gas failed to sustain gains above $3 on Tuesday, with mild weather and soft demand keeping prices under pressure and support at $2.85 in sight.

Bitcoin continues to face strong resistance at $120K, with a breakout eyeing $130K and key support at the 50-day EMA and $110K.

Meta stock remains in consolidation, with strong AI momentum supporting buyers above $745 and a potential breakout toward $800 if $780 resistance breaks.

The British Pound rallied toward 1.3550 after US CPI data weakened the dollar, reinforcing its status as one of the strongest major currencies.

NZD/USD stuck between 0.5850–0.61; selling near 0.6025 with stop at 0.61 and target at 0.5860 as market remains choppy.

Euro steadies above 1.16 support as CPI meets expectations; upside targets 1.18–1.20, downside risk if 50-day EMA breaks.

Reasonable earnings per share growth, a recent rehaul of its customer experience, and an improvement in airfare pricing power provide a solid foundation for more upside. Should you buy the dip following yesterday’s breakout?

Flat same-store sales and decreasing revenues and earnings per share over the past twelve months raise caution. The double-digit sell-off following the latest earnings release, supported by higher volumes, cracked the bull run. What will follow?