Forex Daily Forecast, Analysis and Prediction

The US dollar surged against the Canadian dollar on Tuesday, with markets eyeing the Fed and BoC decisions, and technical levels around 1.38 as key breakout points.

The NASDAQ 100 showed volatility on Tuesday as traders exited ahead of the Fed's interest rate decision, with key support at 23,000 watched closely.

The euro plunged to the critical 1.15 support zone on Tuesday as traders await the FOMC decision, with a potential breakout signaling a major directional move.

The British pound dipped below key support at 1.3350 as markets prepare for the Fed's rate decision, with potential downside toward the 200-day EMA at 1.3133.

Bitcoin consolidates just under $120K as traders await the Fed’s interest rate guidance, with bulls targeting a move to $130K.

Gold remains rangebound between $3,200 and $3,500 as traders await the Federal Reserve’s interest rate decision and statement for breakout cues.

An excellent return on equity, a deep pipeline, and superb profit margins continue to power this leader in biotechnology and healthcare forward. Expectations are high for an earnings beat, but will the rally continue?

Despite a disappointing second-quarter earnings release, Chipotle’s balance sheet remains strong, and the expansion plans are ambitious. Shares plunged into a massive horizontal support zone. Should you buy it?

Bitcoin looks likely to make an explosive bullish breakout to new record highs - the question is when?

The AUD/USD pair is weakening amid soft inflation figures and technical bearish divergence, with downside risk growing ahead of major US economic data releases.

The GBP/USD pair remains under bearish pressure ahead of the FOMC decision, with technical signals pointing toward further losses toward 1.3250.

The EUR/USD pair has broken down from a bearish double-top pattern, with technical indicators suggesting a likely decline toward the 1.1440 level.

US Federal Reserve, Bank of Canada Expected to Hold Rates at Policy Meetings; Australian Inflation Unexpectedly Drops; US Advance GDP Expected to Rise; US Payrolls Forecast Low

The S&P 500 is trading above the 6,400.00 level this morning in futures markets, this as buying optimism has brought the famed equity index to new heights.

New record heights were made in the Nasdaq 100 early on Monday as investors rushed into the index and managed to sustain solid values throughout the day, today futures trading has produced positive results.