Forex Daily Forecast, Analysis and Prediction

The Aussie dollar is eyeing a breakout toward 0.7115 as USD weakness triggers a bear trap. Here are the key technical levels to watch.

The USD/INR is trading near the 95.6700 mark as of this writing, this as the month of August gets set to start and July’s trading including a fight towards highs then ran into a push lower in recent days.

The USD/MXN is close to 17.41400 as of this writing, this as the month of July gets set to conclude. Financial institutions have shown a remarkably tight price realm for the USD/MXN the past handful of weeks considering broad market dynamics.

The US dollar has rallied significantly during the course of the month to break significant levels to the upside

Gold markets have spent most of July going back and forth as we continue to see a lot of noisy behavior out there

XRP holds around 1.08 after a sharp weekly pullback, testing whether this bounce is a base for recovery or just relief inside a softer downtrend

USD/BRL trades in a higher band as Fed ambiguity and Middle East tensions fuel cautious USD strength, keeping Brazilian Real sentiment vulnerable in the near term.

EUR/USD attempts a fragile recovery as the Fed’s rate hold, bond market skepticism, and lingering technical damage leave this pair testing support with caution.

USDINR short-term analysis today, highlighting upside risk, key resistance near 96.0000, recent selling momentum, and vital intraday risk levels for traders.

The New Zealand dollar tried to rally on Wednesday but has fallen significantly. With this, the Federal Reserve interest rate decision will be in focus today.

The Euro dropped early on Wednesday, as we are looking at this pair via the interest rate differential. I am interested in selling soon if we see momentum.

The Aussie dollar has fallen hard against the Swiss franc in the early part of the trading session on Wednesday, as traders are running to safety again. However, there is support right here.

The US dollar initially was a bit weak on Wednesday but has since bounced a bit as we are waiting for the interest rate decision coming out of the Federal Reserve.

The US dollar has pulled back in the early hours of the session on Wednesday, but with the Federal Reserve interest rate decision coming out, volatility is possible.

The Euro dropped a bit in the early hours of Wednesday, only to turn around again against the Japanese yen.