forecast· GBPUSD
GBPUSD Tests 200-Hour Moving Average: Key Levels and Outlook
GBPUSD faces critical support at its rising 200-hour MA amid bearish momentum. Key levels and trader implications outlined.
David Mbeki Jul 13, 2026
/forecasts
Forex forecasts & analysis
Technical and fundamental outlooks on majors, indices and commodities — refreshed throughout the trading day.
Risk warning: CFDs are complex instruments. 74–89% of retail investor accounts lose money when trading CFDs.
forecast· USD
USD Strengthens as Iran Deal Collapse Fuels Risk-Off Sentiment; DXY Eyes Key Resistance
The US dollar rises against major pairs amid escalating Iran tensions and a hawkish RBNZ rate hike, with DXY targeting 106.50.
David Mbeki Jul 8, 2026
forecast· Nasdaq
Nasdaq Bearish Bias Persists Below 29,840 as Asian Tech Weakness and Geopolitical Risks Weigh
Nasdaq faces short-term downside pressure below 29,840-29,950 amid Asian equity sell-off and geopolitical tensions. Key support at 29,715-29,700.
David Mbeki Jul 7, 2026
forecast· AUDUSD
AUDUSD Forecast: Technical Levels and Risk Sentiment Outlook
AUDUSD faces key resistance at 0.69503 as buyers struggle to sustain momentum amid mixed risk sentiment and macroeconomic signals.
David Mbeki Jul 2, 2026
forecast· NASDAQ
NASDAQ Reversal Signals Bearish Shift Ahead of July Holiday
The Nasdaq Composite index reversed sharply from its session high, breaking below key moving averages and signaling a potential shift in market momentum ahead of the July 4th holiday.
David Mbeki Jul 2, 2026
forecast· XAUUSD
Gold Price Forecast: XAUUSD Technical Analysis and Key Levels to Watch
Gold prices face critical support tests as buyers attempt to reclaim control from sellers. Key moving averages and cycle lows define near-term momentum.
David Mbeki Jul 1, 2026
forecast· USD
Dollar Index Holds Firm as Central Bank Forum and U.S. Data Drive Market Outlook
The U.S. dollar strengthens ahead of key economic releases and a central bank forum in Portugal, with traders eyeing potential shifts in monetary policy and geopolitical developments.
David Mbeki Jul 1, 2026
forecast· forex
GBPUSD Forecast: Sellers Maintain Control as Buyers Fail to Sustain Upside Momentum
GBPUSD faces technical resistance as buyers struggle to hold above key retracement levels. Sellers retain control amid lower highs and lows, with focus on 100/200-hour MAs.
David Mbeki Jun 30, 2026
forecast· crude-oil
Crude Oil Price Forecast: Technical Analysis Signals Bearish Bias Amid Failed Breakout
Crude oil retreats below key moving averages, signaling bearish momentum. Traders eye support levels and macro risks ahead.
David Mbeki Jun 30, 2026
forecast· USDJPY
USDJPY Bullish Bias Strengthens as Pair Surpasses 2024 Highs
USDJPY extends gains above 162.00, with bullish momentum confirmed by key support retests. Traders eye 164.50 as next target amid sustained risk-on sentiment.
David Mbeki Jun 30, 2026
forecast· AUDUSD
AUDUSD Forecast: Key Resistance Levels and RBA Minutes Impact
AUDUSD rebounds from 200-day MA support, eyes 0.69367 resistance. RBA minutes highlight hawkish stance amid market rate cut expectations.
David Mbeki Jun 30, 2026
forecast· AUDUSD
AUDUSD Trades Sideways as Fed Hawkish Tone Weighs on Aussie
AUDUSD consolidates between key support at 0.7000 and resistance near 0.7042 amid Fed-driven volatility. Traders eye next catalyst for breakout.
David Mbeki Jun 18, 2026
forecast· USDCAD
USDCAD Tests Key Resistance at 1.4130-1.4144 Amid Extended Uptrend
USDCAD approaches critical resistance after FOMC-driven rally. Technical indicators signal bullish momentum, but traders eye potential pullback.
David Mbeki Jun 18, 2026
forecast· Fed
USD Surges After Fed's Hawkish Pivot: DXY Outlook and Key Levels to Watch
The USD strengthened broadly after the Fed's more hawkish stance on inflation, with DXY breaking key resistance levels. Traders eye upcoming data and Fed communications for further direction.
David Mbeki Jun 18, 2026
forecast· Fed Policy
DXY Holds Firm as Fed's Hawkish Pivot Cements Dollar Strength
The Federal Reserve's shift toward tighter monetary policy under Kevin Warsh's leadership has strengthened the dollar, pressured equities, and elevated Treasury yields. Traders eye key technical levels and inflation dynamics for directional cues.
David Mbeki Jun 17, 2026
forecast· NASDAQ
NASDAQ Tests Key Support Levels as Market Sentiment Turns Bearish
The Nasdaq Composite nears critical 100-hour moving average support amid broad market weakness. Technical indicators and top holdings performance signal short-term downside risks.
David Mbeki Jun 16, 2026
forecast· crude oil
Crude Oil Futures Drop to $76.05: Technical Outlook and Key Levels to Watch
Crude oil futures settle at $76.05, down 5.82%, near 200-day MA. Key resistance at $77.10-$78.97. Traders eye $73.48 support and $67.04 target.
David Mbeki Jun 16, 2026
forecast· forex
EURUSD and GBPUSD Rally as USD Weakens Amid Lower Oil and Yields
The US dollar faces downward pressure against major pairs as crude oil prices decline and Treasury yields ease. EURUSD and GBPUSD test key technical resistance levels.
David Mbeki Jun 16, 2026
forecast· crude-oil
Crude Oil Prices Slump as Geopolitical Risk Premium Unwinds
WTI crude oil extends losses, testing key support levels amid fading geopolitical tensions. Technical indicators signal bearish momentum with $77.44-$78.97 resistance zone in focus.
David Mbeki Jun 16, 2026
forecast· crude oil
Crude Oil Price Forecast: Bearish Bias Amid Supply Concerns and Resistance Breakdown
Crude oil prices settle at $80.75, down 4.87%, with key resistance levels now acting as support. Fundamental factors point to further downside risks.
David Mbeki Jun 15, 2026
forecast· EURUSD
EURUSD Consolidates Near Key Resistance Levels Ahead of Fed Rate Decision
EURUSD trades in a narrow range between 1.15937 and 1.1622 as traders await the Federal Reserve's interest rate decision. Technical resistance at 1.16287 and support at 1.15937 remain critical for directional bias.
David Mbeki Jun 15, 2026
forecast· AUDUSD
AUDUSD Technical Outlook: Risk Sentiment Divergence With NZDUSD
AUDUSD gains momentum amid improved risk appetite, while NZDUSD struggles to sustain gains. Key moving averages and support/resistance levels in focus.
David Mbeki Jun 15, 2026
forecast· SPX
SPX and Nasdaq Break Above Key Moving Averages, Bullish Bias Returns
U.S. indices surge above 100/200-hour MAs, shifting near-term bias to bullish. Key support levels now act as critical risk-defining thresholds.
David Mbeki Jun 15, 2026
forecast· USDCAD
USDCAD Forecast: Trade Negotiations in Focus as Middle East Tensions De-escalate
USDCAD edges lower but holds key support levels amid easing Middle East tensions and renewed focus on U.S.-Canada trade dynamics.
David Mbeki Jun 15, 2026
forecast· USDCHF
USDCHF Forecast: Bearish Bias Amid Fed and SNB Policy Decisions
USDCHF faces downward pressure as the dollar weakens on U.S.-Iran developments, with key technical levels under scrutiny ahead of central bank meetings.
David Mbeki Jun 15, 2026
forecast· USD
Iran Deal Boosts Risk Sentiment, USD Lower Ahead of Fed Meeting
The USD opens lower as the Iran-US MOU spurs risk-on flows. Traders eye Fed policy signals amid falling oil prices and shifting yield curves.
David Mbeki Jun 15, 2026
forecast· USDCAD
USDCAD Forecast: Technical Bullish Bias Amid Trade Deal Uncertainty
USDCAD holds above key moving averages despite pullback from 2026 high. Traders eye support zones and USMCA developments.
David Mbeki Jun 12, 2026
forecast· USD
USD Forecast: Iran Deal Hopes and SpaceX IPO Drive Neutral Technical Bias
The US dollar holds marginal gains against major peers amid Iran deal optimism and SpaceX IPO buzz, but technical neutrality persists amid choppy price action.
David Mbeki Jun 12, 2026
forecast· forex
USDCHF Forecast: Bullish Bias Above 0.8000; Key Resistance at 0.80178
USDCHF edges higher near 0.8004, holding above 0.8000 support and 100-hour MA at 0.7977. Bulls target 0.80178, with 0.80417 as next resistance. Breakdown below 0.7977 risks deeper correction.
David Mbeki Jun 11, 2026