Forex Daily Forecast, Analysis and Prediction

USD/ZAR: South African Rand Range Stable & Opportunistic

The Australian dollar is a currency that has been rather bullish for some time, however in the last several weeks we have seen the market struggle a bit,

Looking at this currency pair, we have seen a lot of negativity, and that makes quite a bit of sense considering there are concerns about the United Kingdom and its economy.

The US dollar has rallied a bit during the month of June after fallen rather hard against the Canadian dollar.

The Euro has tried to rally several times during the month of June but has given back those gains every time it tried

The New Zealand dollar had been a highflyer until the last couple of weeks, which suggests that perhaps it has run out of momentum.

In the beginning of this week’s trading, the EUR/USD pair attempted to correct upwards with gains reaching the 1.1288 resistance

Increasing pressure has pushed the GBP/USD pair to continue the sharp losses which pushed it towards the 1.2250 level, the lowest for a month,

The price of gold almost didn’t move at all at the beginning of this week’s trading, as the movement during yesterday's session ranged

After four trading sessions in which the USD/JPY pair attempted an upward correction with gains to 107.88, it returned to stability around the 107.55 level

AUD/USD: Bears are winning

Risk appetite for the Brazilian Real has eroded the past few trading days and seen a wave of USD/BRL buyers step up and push the forex pair towards important resistance levels.

The Indian Rupee continues to demonstrate an ability to test a wide range.

USD/JPY: 107.86 looks likely to be today’s pivotal point

BTC/USD: Bulls holding support at $9,014