Forex Daily Forecast, Analysis and Prediction

Silver plunged but bounced near $47 on Tuesday, with price action suggesting potential consolidation above $45.50 or risk of collapse below.

The British Pound has been the weakest of all major currencies this week, while the USD remains strong on Fed comments and safe-haven desire as stocks fall.

AUD/USD remains under bearish pressure after the RBA decision and ahead of key US jobs and PMI data, with technicals pointing to a drop toward 0.6400.

BTC/USD turns bearish after breaking key support, forming a head-and-shoulders pattern as market fear rises and ETF outflows deepen.

EUR/USD remains bearish as risk-off sentiment, Fed-ECB divergence, and weak technicals point to further downside ahead of key economic data.

Gold prices remain range-bound near $4000, with key support at $3880 and resistance at $4110 as traders await clarity from US data and China’s tax changes.

The EUR/USD pair remains under pressure, with the 1.14 level in focus as RSI and EMA indicators signal bearish momentum and limited upside.

The US dollar climbed to test key resistance at 0.81 against the Swiss franc on Monday, as SNB intervention signals and interest rate differentials drive upside bias.

The US dollar rallied sharply against the Canadian dollar on Monday, with interest rate differentials and central bank outlooks fueling continued upside.

Tesla gained 3% on Monday, nearing key resistance at $480 with bullish momentum pointing toward a potential breakout above $500.

Gold prices hovered near $4,000 on Monday, with fading momentum and rising uncertainty pointing to a possible distribution phase below key support.

The US dollar remains steady against the yen near ¥154, with strong support from interest rate differentials and long-term bullish momentum.

The S&P 500 struggles below 6,800 as traders react to Fed indecision, a prolonged U.S. government shutdown, and broader market caution.

Nasdaq 100 retreats from record highs near 26,300 as caution builds ahead of U.S. election results and ongoing government shutdown.

A global selloff in stock markets is hitting the Australian Dollar hard, while the RBA’s policy meeting earlier had little effect.