Forex Daily Forecast, Analysis and Prediction

AUD/USD Forex Signal 11/11: Key Support Under Threat

Gold Forecast 11/11: Failed Rally Signals More Losses

USD/CHF Forecast 11/11: Carry Trade Fuels Rally

USD/CAD extended its recovery as stronger US employment figures, weaker Canadian economic data and declining oil prices weighed on the loonie.

Silver gave back its early gains as hotter-than-expected US inflation reinforced expectations of tighter Federal Reserve policy and higher Treasury yields.

EUR/USD reversed its early gains after stronger-than-expected US inflation reinforced expectations of restrictive Federal Reserve policy.

AUD/USD extended its decline following hotter-than-expected US inflation data, falling below key support at 0.6892.

EUR/USD Forex Signal: Bears Target 1.1150 Support

Bitcoin extended its decline to around $72,600 as hotter-than-expected US inflation and continued ETF outflows weighed on investor sentiment.

GBP/USD declined following stronger-than-expected US inflation figures, which increased expectations of further Federal Reserve tightening.

EUR/USD rallied on Monday but remains in a broader consolidation pattern as the author continues to favor the US dollar.

The magic realm of 158.000 continues to be seen loud and clearly by all traders. At this moment the USD/JPY is traversing a sliver under this ratio near the 157.960 juncture with its typically fast results being displayed across trading screens.

AUD/USD retreated from its weekly high as traders awaited US inflation data, despite stronger-than-expected Chinese trade figures.

Bitcoin extended its decline as the Crypto Fear and Greed Index fell into fear territory and spot Bitcoin ETFs experienced further outflows.

EUR/USD traded cautiously on Tuesday ahead of the US inflation report, with the recent euro recovery showing signs of losing momentum.