Forex Daily Forecast, Analysis and Prediction

USD/MXN enters October after a sharp rebound, with a speculative range of 17.38–18.21. Rising US yields, energy prices and cautious global risk sentiment could keep volatility elevated. DailyForex

USD/INR enters October with a cautious bullish bias and a forecast range of 95.21–96.35. Dollar strength and higher energy costs favor upside, but RBI intervention could limit gains above 96.00.

Depending if you are trading cash or futures for WTI Crude Oil the market offers a variety of prices. But one thing is clear the price of the commodity is high and cautious attitudes will likely keep it this way.

Bitcoin no longer has to prove that regulated fund demand exists. It must show what happens when that demand becomes thinner as the latest inflation report leaves bond and currency markets weighing persistent price pressure against strong consumer spending.

NASDAQ 100 enters October with a bullish bias above 30,000. A break of 32,000 could target 35,000, while 28,500 remains key support.

Gold enters October testing the $4,150–$4,000 support zone. Rising US rates remain the key headwind, making $4,000 the critical level to watch.

EUR/USD enters October near 1.13 support after a sharp decline. Falling US yields could trigger a rebound, but 1.15 remains key resistance.

Ethereum enters October with a positive bias, but $2,750 remains a key hurdle. A breakout could target $3,000, while $2,500 offers important support.

AUD/USD enters October under pressure from rising US yields, but 0.69 could provide support and trigger a rebound. A break below 0.68 would weaken the outlook.

NZD/USD remains bearish as rising US yields favor the dollar. The pair looks oversold, but any rebound could face resistance near 0.5750.

EUR/JPY faces a two-way setup: below ¥177.50 favors a bearish move, while a break above ¥179 could trigger a short-term bullish trade.

This currency pair has finally begun to lose a little momentum after a sharp move higher. That does not necessarily mean the broader bullish argument has disappeared, but the market has arrived at an area where traders have seen resistance before.

EUR/CAD remains range-bound between 1.60 support and 1.61 resistance, but growing buying pressure could eventually push the pair toward 1.6250.

AUD/CHF holds above 0.58 after the RBA rate hike widened the rate advantage, with 0.5850 emerging as the key resistance level.