Forex Daily Forecast, Analysis and Prediction

The West Texas Intermediate Crude Oil market broke through 200-day EMA Monday, showing further signs of weakness.

The US dollar fell again against the Japanese yen on Monday as we continue to see a lot of problems out there.

The NASDAQ 100 trying to break out Monday but seems to be struggling with the idea of breaking above the 13,000 level.

The BTC/USD currency pair struggled with the $24,000 level yet again on Monday, as it looks like we are running out of a bit of momentum.

The Ethereum market struggled a bit Monday as we continue to see the $1800 level above offer quite a bit of resistance.

Gold markets rallied significantly over the last several days, especially due to the interest rates in the United States tightening.

The EUR/USD currency pair rallied ever so slightly Monday as we continue to see a lot of noisy behavior.

The GBP/USD currency pair rallied a bit Monday to break above the 50-day EMA.

The GBP/USD price continued its bullish trend as investors refocused on the upcoming interest rate decision by the Bank of England (BoE).

The EUR/USD pair held steady as the market reflected on the significantly weak data from Europe and the US dollar sell-off.

The BTC/USD price pulled back during the American and Asian sessions as the recent spectacular rally faded.

For two weeks in a row the EUR/USD price tried to bounce higher and get out of the sharp bearish trend that pushed it below the parity price.

Gold futures extended their gains to end the disappointing month of July.

The bulls’ control over the performance of the GBP/USD currency pair last week was remarkable, as the currency pair moved towards the 1.2245 resistance before closing the week’s trading stable

The Turkish lira stabilized near its lowest level this year against the dollar, amid noticeable interventions by the Turkish Central Bank to control the price of the lira against the dollar.