Forex Daily Forecast, Analysis and Prediction

The U.S. dollar bounced off key 1.35 support against the Canadian dollar after strong labor data, as markets reassess Fed cut timing amid ongoing trade tensions.

The U.S. dollar bounced off key 1.35 support against the Canadian dollar after strong labor data, as markets reassess Fed cut timing amid ongoing trade tensions.

Bitcoin continues to consolidate between $100K and $110K as traders await a risk-on catalyst, with technicals pointing to solid support near $100K.

The FTSE 100 bounced off its 50-day EMA on Tuesday, reinforcing bullish momentum as buyers look to defend the 8700 zone amid an ongoing uptrend.

EUR/CAD continues its bullish breakout above 1.60, with strong euro flows and Canadian economic concerns supporting further upside toward 1.62.

The NASDAQ 100 retreated after hot U.S. labor data triggered Fed rate caution, with support seen near prior highs as markets await the Thursday NFP release.

The euro gave up early gains as stronger U.S. labor data challenged dovish Fed bets, putting 1.16 support in focus ahead of more jobs data this week.

Tesla stock plunged on renewed Trump-Musk tensions and vandalism reports but held key support near $275, suggesting potential for recovery as market sentiment stabilizes.

Silver continues consolidating between $35.50 and $37.50, with short-term pullbacks offering buy setups as traders await a breakout toward the $40 psychological level.

The British pound gave up early gains on Tuesday as hotter-than-expected U.S. data reignited Fed rate hike fears, with 1.3650 emerging as crucial support ahead of the NFP report.

Gold prices rallied Tuesday as the market absorbs strong U.S. job data and prepares for the early NFP release, with bullish momentum eyeing $3,500 despite consolidation.

Economic uncertainty, declining consumer confidence, and value destruction create a bearish trifecta for UBER that squares off against a global leadership position in ridesharing with a disruptive and controversial effect on the local delivery and transport sector.

Coca-Cola enjoys return on equity and profit margin that ranks among the top of the sector, with pricing power and high brand loyalty, creates an interesting trade against a backdrop of economic uncertainty.

Medium-term bullish trend on improved risk sentiment in global markets has been carrying this pair higher, which will likely continue until tariff fears come into view towards the end of this week.

BTC/USD consolidates above $105K within bullish flag and cup-handle formations, as ETF inflows and Fed rate cut signals boost the outlook for a breakout to new all-time highs.