Monthly Forex Forecast

The Nasdaq 100 faces a potentially muted December 2025 as it tests support at 23,250, with a possible Santa Claus rally hinging on rate cut expectations and year-end investor positioning.

Gold enters December 2025 consolidating around $4,000, with traders watching $3,900 for downside risk and $4,200–$4,400 for breakout potential.

EUR/USD enters December 2025 in a volatile consolidation range, with traders eyeing 1.17 for a breakout and 1.14 as crucial support amid shifting Fed rate sentiment.

Crude oil remains under pressure entering December 2025, with oversupply, weak seasonal demand, and slowing global growth capping prices below key resistance at $60.

EUR/USD remains under pressure heading into November, as Fed uncertainty, choppy trading, and weak sentiment continue to weigh on upside potential.

USD/ZAR remains near monthly lows as the South African rand sustains strength, with traders eyeing a choppy but potentially bearish trend in November.

Bitcoin remains range-bound near $113K as traders eye a breakout; lackluster volume hints at consolidation, but volatility could return swiftly.

USD/INR is likely to remain range-bound in November 2025, with sentiment driven by US-India trade dynamics and Reserve Bank of India intervention.

The S&P 500 remains in a strong uptrend into November 2025, with bullish momentum fueled by Fed rate cut expectations and continued global equity inflows.

The NASDAQ 100 remains in a strong uptrend after breaking above 25,000, with momentum favoring a potential move toward 27,000 by month’s end.

The USD/MXN pair remains under pressure below 18.50, with peso strength likely to persist in November unless the Fed signals a major policy shift.

Gold enters November 2025 at a critical juncture after a sharp rally and recent volatility. While technicals remain bullish, growing retail interest and resistance near $4,000 signal a potential pause or pullback.

Crude oil prices face headwinds heading into November 2025, with robust global supply from the U.S., OPEC, and Russia keeping prices subdued.

The S&P 500 remains in a powerful uptrend, though October may bring a healthy pullback toward 6,500 as investors digest September’s gains.

Gold remains in a powerful uptrend heading into October 2025, with pullbacks toward $3,700–$3,500 likely to attract buyers as central banks keep demand strong.