Forex Daily Forecast, Analysis and Prediction

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.

USD/JPY holds near ¥158 as US rates support the dollar. PCE data could determine the next move, with BoJ intervention remaining a key risk.

USD/CHF tests 0.8350 after a strong rally, with rate differentials favoring the dollar and 0.82 providing key support on a pullback.

Silver attempts a relief rally, but rising US rates may limit gains. XAG/USD faces key resistance near $65, while $60 remains critical support.

WTI crude oil enters October 2026 above the key $90 level, with Middle East developments likely to drive volatility. Traders should watch whether support holds or renewed geopolitical risk pushes oil prices higher.

Copper holds near $6.50 and the 50-day EMA as AI and electrification demand support the bullish outlook, despite pressure from rising US rates.

GBP/USD rebounds from 1.3202 as Fed rate expectations ease. Watch US Core PCE and 1.3277 resistance for the next potential move.