Forecasts

The S&P 500 is fading after a recent record as long-dated Treasury yields climb to 19-year highs and challenge broad equity appetite. AI-linked strength remains visible, but elevated Brent crude and tighter debt costs are making the market more selective.

The U.S. Dollar Index is under pressure as traders reduce expectations for a more hawkish Federal Reserve stance at the next September meeting. EUR/USD and GBP/USD are testing higher levels, while USD/CAD and USD/JPY remain shaped by Canadian inflation data, Japan growth figures and intervention risk.

USD/MXN is trading close to the 17.00 area as broad U.S. dollar weakness continues to support the Mexican peso. Technical traders are watching whether the pair can sustain a break below the psychological threshold or whether volatility triggers a sharp reversal.

Dogecoin is trading near $0.070 after a steep decline from its 2024 high, but a large falling wedge has put a potential bullish reversal back in focus. The setup depends on DOGE reclaiming key moving-average resistance while speculative capital increasingly flows toward prediction markets.

Gold prices edged higher as a weaker dollar and easing Treasury yields helped offset inflation concerns tied to elevated crude oil prices. Traders are watching the upcoming Fed minutes for signs of whether the central bank’s recent three-way dissent could revive hawkish rate expectations.

September natural gas futures weakened Monday after a downside gap cut through near-term support and shifted that area into resistance. Cooler late-August forecasts, record Lower-48 output and reduced LNG export demand are leaving buyers with little immediate support.

Bitcoin remained on the defensive after BTC/USD fell to 63,043, its lowest level since August 3. Technical traders are watching whether the pair extends toward 60,000 or recovers above the 50-day moving average near 65,000.

AUD/USD has extended its rebound to the highest level since June 5 as risk appetite improves and US data reinforces expectations for steady Federal Reserve policy. Technical traders are watching 0.7185 as the next upside target, while a move below 0.7020 would weaken the bullish setup.

Spot silver is edging higher after reaffirming a minor swing bottom at $63.50, with traders watching whether the market can challenge last week’s $66.80 high. A softer dollar, lower hike odds and energy driven inflation concerns are shaping the next move for XAG/USD.

EUR/USD advanced to its highest level since June 17 after weak US macro data weighed on the dollar and reduced pressure on the Federal Reserve to raise interest rates. Technical traders are watching a bullish flag structure, with a break above 1.1600 seen as a potential confirmation signal for a move toward 1.1650.

Oil markets are balancing tighter Middle East supply risk against a weaker global demand outlook, leaving WTI and Brent in consolidation zones. Natural gas has broken key support as U.S. storage conditions and technical selling keep pressure on prices.

The S&P 500 and Dow Jones remain technically constructive as softer inflation and weak hiring reduce pressure on the Federal Reserve to raise rates. Still, new drone tariffs, rising Treasury yields and a widening budget deficit could challenge the bullish outlook for U.S. equities.

Gold found support as softer U.S. retail sales reduced expectations for another Federal Reserve rate hike, weakening the U.S. dollar and Treasury yields. Silver is also firming, though concerns over industrial demand could complicate its path toward key resistance.

U.S. equity benchmarks moved lower as traders weighed weaker retail sales, softer consumer sentiment and rising Treasury yields. Tech shares led the retreat, while energy and basic materials found support from stronger oil markets.

Gold ended the week firmer as fading September hike expectations and a softer dollar kept the rate-relief trade in focus. Technical traders are watching $4,449.83 as the next upside test, while a break below $4,311.04 could reopen a deeper pullback toward the 50-day moving average.

September natural gas futures are trading inside the prior session’s range, signaling indecision as traders weigh intense summer heat against a larger-than-expected storage build. Market attention is fixed on whether buyers can clear resistance near $2.840 or whether swelling inventories keep rallies capped.

Gold is trading at $4,381.70, within reach of a key $4,400 level that technical traders are watching for confirmation of renewed upside momentum. Persistent U.S. fiscal deterioration, rising interest costs and pressure on the dollar are keeping the debasement trade at the center of market attention.

Gold pushed higher as traders responded to a weaker U.S. dollar following disappointing U.S. Retail Sales data. Silver remained capped below a key resistance zone, while platinum rebounded as buyers stepped in after the prior session’s sell-off.

Dogecoin remains under pressure after losing the $0.10 support area and sliding sharply as altcoin demand stays weak. Technical traders are watching whether a bearish flag on the daily chart confirms a possible move toward $0.058.

Solana has gained 2.5% over the past 7 days, but weak ecosystem activity and persistent resistance near $77 are keeping downside risks alive. Technical traders are watching whether SOL slides toward $68, with deeper pressure possible if the $67 support area gives way.

WTI crude oil is trading in a familiar range as market participants weigh unresolved US Iran tensions against signs that supply continues to reach buyers. Technical traders are watching nearby resistance at 82.650 and support at 82.050 as the market opens the new week.

AUD/USD traded around 0.7062 after failing to extend gains beyond this week’s high of 0.7090. Market attention is turning to US Producer Price Index data, though traders widely expect it to have limited impact after recent CPI and labor market figures.

AUD/USD remains range-bound as tame U.S. inflation data lowers expectations for a September Federal Reserve rate increase. Middle East uncertainty and oil prices near their August high are limiting enthusiasm for risk-sensitive currencies.

The US dollar remains under pressure as softer CPI and PPI readings strengthen expectations for a less restrictive Federal Reserve path. EUR/USD is testing trendline resistance near 1.1569, while GBP/USD needs a break above 1.3515 to confirm fresh bullish momentum.