Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 remains in a strong uptrend heading into August, with light volume likely but bulls targeting 24,000–25,000 on any short-term dip.

Gold enters August 2025 locked in a $300 range, with key levels at $3200 and $3500 as summer volume lulls and macro catalysts remain elusive.

The USD/MXN pair enters August in a choppy consolidation phase, with limited volume and resistance near 19.00 as peso strength continues to dominate.

The USD/ZAR has edged higher the past few trading sessions, this as global Forex has seen financial institutions show nervousness ahead of the Federal Reserve interest rate policy and tariff deadlines.

Bitcoin continues to hold onto an elevated price range in which its price around $118,100.00 seems to act like a magnet for the time being as August gets set to begin.

Ethereum has had one of its best trading months ever, having started July around the 2,300.00 ratio, ETH/USD now finds itself near 3,775.00 with the month of August about to start.

The EUR/USD appears set to enter August trading near lows it hasn’t traversed since the second week of June, this as the currency pair is near 1.14395 as of this writing.

As of this writing the USD/INR is trading near the 87.5400 ratio depending on the bids and asks. The spread in the Indian Rupee is wide and this will remain the case going into the weekend as the month of August begins.

The EUR/USD pair extended losses to a 1-month low near 1.1400 as robust US economic data and the Fed's hawkish tone weighed on the euro, reinforcing a bearish trend.

XAU/USD hovers around $3300 as gold attempts to recover from one-month lows, with traders eyeing Fed signals, US data, and tariff news for the next move.

USD/ILS spiked near 3.38840 as traders reacted to Jerome Powell's hawkish Fed stance, with upcoming U.S. jobs data and resistance near 3.40000 in focus.

The USD/SGD pair has surged sharply from multi-month lows amid renewed USD strength following Fed Chair Powell’s hawkish stance and market uncertainty.

Toncoin (TON) is trading around $3.50 today, rebounding sharply after consolidating between $3.10 and $3.35 for much of the past two weeks. The movement has TON testing a critical resistance band, with bulls attempting to regain control.

Negative earnings in each of the past five years, high valuations, and a negative return on equity pushed its share price lower. Bulls and bears will square off at a key junction, but how strong are support levels?

The DAX rose slightly on Wednesday, reflecting cautious bullish sentiment as low volume and EU-US trade deal concerns keep momentum in check near record highs.