Forex Daily Forecast, Analysis and Prediction

The USD/SGD is near 1.29520 as of this writing, this after seeing mid-term highs develop throughout Tuesday when the 1.30200 vicinity was battled.

The NZD/USD has provided Forex speculators with another demonstration of dangerous price velocity which attracts some speculators and scares others, particularly conservative day traders.

Excellent profit margins, a necessary business service unfaced by economic conditions, and double-digit earnings-per-share growth create a bullish backdrop for Republic Services. Should you collect it now?

A dismal return on assets, weak profit margins, and a worsening debt-to-asset ratio suggest a weakening fundamental outlook for MetLife. How healthy are resistance levels?

NZD/USD saw a short-term bounce on Tuesday, but the broader bearish trend remains dominant amid global trade concerns and persistent US dollar strength.

The NASDAQ 100 bounced back on Tuesday after early selling, holding key support above the 50-day EMA and staying within its upward channel near the 25,000 level.

GBP/USD remains under pressure below 1.3250, with a head-and-shoulders pattern and weak fundamentals suggesting a move toward 1.3140 in the near term.

Bitcoin remains under pressure near 112,500, with a bearish flag pattern and weak ETF flows pointing to a potential drop toward 107,100 if support breaks.

AUD/USD formed a bullish hammer candlestick near key support after dovish Fed and neutral RBA signals, suggesting a possible rebound toward 0.6600.

The support level above at $1.1627 is looking extremely pivotal, after bulls break out above a symmetrical descending price channel, and a bullish head and shoulders pattern breaks its neckline.

The British pound bounced from its 200-day EMA on Tuesday, offering a key technical support zone as the pair trades between major resistance and support levels.

USD/CHF remains rangebound near 0.80, but a breakout above 0.81 could trigger a bullish swing trade setup targeting 0.86 amid broader dollar strength.

Silver faced strong resistance at $50 on Tuesday, with high volume and a bearish candlestick suggesting a potential pullback as speculative interest peaks.

Gold showed signs of exhaustion near the $4,200 level, with traders eyeing a pullback—possibly toward $4,000—as a healthy reset within a strong uptrend.

The euro continued to show weakness against the US dollar on Tuesday, with key support at 1.1550 in focus as bearish momentum builds below 1.16.