Forex Daily Forecast, Analysis and Prediction

Amid heightened interest from forex traders in the future of US Federal Reserve policies and the ongoing dispute between Trump and bank officials over pressure to continue cutting interest rates, the main focus during today's trading session will be on the reaction to remarks from US Federal Reserve Chair Jerome Powell at 19:30 Egypt time. Prior to that, during the European session, the Euro's price will be influenced by the release of the German ZEW Indicator, which measures confidence in the Eurozone's largest economy, at 12:00 Egypt time.

The GBP/USD pair was flat on Tuesday as traders waited for a statement from Jerome Powell and other Federal Reserve officials. It was trading at 1.3336, down from the September high of 1.3725.

The EUR/USD exchange rate remained under pressure as traders assessed the impact of the ongoing trade war between the US and China. It pulled back to a low of 1.1543, down by 2.95% from its highest point this year.

Bitcoin price has held steady in the past few days as investors bought the dip. The BTC/USD pair was trading at 115,575, up from last Friday’s low of 106,895. It remains about 9% below the year-to-date high of 126,300.

The AUD/USD exchange rate moved sideways and formed the highly bullish harami candlestick pattern as the fears of the US-China trade war faded and as traders waited for a statement from the Fed Chair.

Decreasing profit margins, fewer subscribers to its top-rated healthcare plans, and ongoing balance issues are signs of an unhealthy healthcare company. Is more downside ahead?

Negative net income, negative cash flow from operations, trust and safety issues, and a damaged reputation continue to haunt Boeing. Will the breakdown sequence continue?

Binance ecosystem’s native token BNB surged to a record $1,370 on Monday, October 13, 2025, shattering previous records amid a marketwide recovery. This breakout follows a brutal $19 billion liquidation event, highlighting BNB's resilience and underlying strengths.

The S&P 500 bounced upwards yesterday after Friday’s steep loses per White House rhetoric signaling that China trade policy remains under the microscope and a target for stiffer tariff penalties.

The Nasdaq 100 has experienced another round of selling early this morning via futures trading, and is near the 24,468.00 with fast conditions apparent, which should serve as a warning to day traders that they should be cautious today.

Gold bulls have once again stabilized above the historic psychological resistance of $4000 per ounce, following a period of limited profit-taking sales after gold prices reached an all-time high of $4059 per ounce. According to gold trading platforms, the recent sell-off did not extend beyond the $3944 per ounce level. Moreover, the previous week's trading closed with the price stable around the $4018 per ounce resistance.

Investor confidence in the US dollar as a safe-haven asset was renewed following Trump's threat to impose harsh tariffs on China starting next month, despite the ongoing US government shutdown now in its third week. This increased sell orders on the EUR/USD pair last week, with losses extending to the 1.1542 support level, near the pair's two-month low, before it closed the week stable around the 1.1622 level. Today, given the American holiday, the EUR/USD is expected to trade within a narrow range with a downward bias, hovering around and below the 1.1600 support level.

The US dollar has rallied a bit during the trading session here on Friday as we are approaching the 18.50 pesos level. This is an area that previously had been support, so it does make a certain amount of sense that it ends up being resistant as market memory comes into the picture. The 50 day EMA is sitting right around that area as well. And of course we have a downtrend line. So, it all ties in together quite nicely to offer resistance. Because of this, I will be looking forward to seeing if we get signs of exhaustion because that would be probably one of the better signs that you can get. Although obviously nothing is 100 % accurate, it is an area that you would expect to see it. If we can break above the 18.8 level, which probably takes a couple of days’ worth of pressure, then the US dollar probably rallies quite significantly against the Mexican peso.

The US dollar has pulled back slightly against the Swiss franc during the Friday early hours, but that's not a huge surprise considering that we are shortly extended over the last couple of days. And I think the 0.81 level will continue to be important. What I have noticed though is that the US dollar continues to strengthen against almost everything. And with that being the case, you've got a situation where we are trying to form some type of bottom. This pair might be a little trickier than many others because quite frankly, both are safety currencies. Now, what TradingView can't show you is a few decades ago, we were down here and there is a little bit of potential market memory.

The NASDAQ 100 initially tried to rally during the trading session here on Friday, and we did gain a little bit, but it looks like we’re probably just going to drift into the weekend. That's not a huge surprise because, quite frankly, Friday is typically a session where a lot of people will be very cautious unless there's something to move the markets. Keep in mind that the US government is shut down at the moment, so we don't have economic numbers coming out to influence what traders might be doing. With all of that being said, we are above the 25,000 level. And I think that in and of itself is probably going to be some type of market moving factor by itself because traders love these big figures and will be reading about it in all the news over the next few sessions.