Forex Daily Forecast, Analysis and Prediction

Bitcoin (BTC) clawed its way back above the $110,000 mark on Monday, marking a pivotal moment in what many are calling the year’s defining bull run.

USD/ZAR is showing steady consolidation near 17.34, with traders watching for potential downside momentum as global market uncertainty persists and Fed speculation looms.

USD/MXN is testing key support levels near 18.36 as traders weigh bearish momentum against broader market volatility and looming Fed uncertainty.

Top-notch profit margins, superb returns on assets and equity, and recent developments around Waymo support more upside for Alphabet. Will earnings keep the rally intact?

Despite a strong iPhone 17 launch, the absence of an AI strategy and the lack of cutting-edge innovation are evident at Apple. Will earnings magnify the recent slide?

Bitcoin is recovering firmly thanks to an increasing mood of risk-on sentiment in global markets today.

AUD/USD remains under pressure near 0.6440 as rising expectations of an RBA rate cut and weak employment data point to further downside toward 0.6375.

The GBP/USD pair remains rangebound near 1.3425 as traders await UK inflation data, with technical patterns pointing to potential downside toward 1.3300.

The EUR/USD pair continues to consolidate near 1.1650 as traders await US-China trade updates and Friday’s US inflation report, with tight technical levels in focus.

The US dollar reversed early gains against the Mexican peso on Friday, with strong resistance and a persistent downtrend keeping selling pressure intact.

Nvidia is attempting to stabilize after recent weakness, with traders watching for a breakout above $185 to confirm renewed bullish momentum.

The NASDAQ 100 recovered on Friday, bouncing from key technical support and setting up for a potential breakout above 25,000 with bullish momentum building.

Gold sold off on Friday after hitting $4400, with technicals suggesting a healthy pullback may be underway in an otherwise bullish long-term trend.

Silver faced sharp selling on Friday after touching $54, with overbought conditions and growing retail interest signaling caution as volatility returns.

The US dollar is finding support against the yen near the 150 level, suggesting a potential bullish reversal as interest rate differentials favor continued upside.