Forex Daily Forecast, Analysis and Prediction

The BTC/USD pair made a strong bearish breakout as demand for cryptocurrencies retreated.

The AUD/USD exchange rate drifted upwards on Monday as the recent US dollar sell-off took a breather.

During last week's trades, the bear's control over the direction of the price of the EUR/USD currency pair increased as it fell to the lowest support level of 1.0686 in three months

Gold futures failed to avoid a weekly loss, as the rising US dollar and rising Treasury bond yields affected the yellow metal.

The price of the USD/JPY currency pair rose now to trade at a few levels above the 100-hour moving average.

The losses of the GBP/USD currency pair extended towards the support level of 1.2445, its lowest in three months.

The USD/JPY initially experienced a sharp decline during Friday's trading session, descending to the ¥145 level, before staging an impressive comeback.

The gold market recently experienced a modest boost on Friday, yet the future remains shrouded in uncertainty.

In the world of currency trading, the British pound displayed a brief pullback during Friday's trading session, only to rebound with vigor.

The GBP/USD witnessed a slight bounce during Friday's trading session, as it grapples with the 200-day Exponential Moving Average and endeavors to chart its course forward.

In recent trading sessions, the AUD/USD has embarked on a bewildering rollercoaster ride, leaving investors scratching their heads at its erratic behavior.

The USD/TRY recorded movements within a limited range during trading at the beginning of the week.

The USD/MXN could prove to be one of the more interesting major Forex pairs around the world this week due to broad market conditions and price action.

The USD/ZAR is trading at lows it has not traversed since the 4th of August as early selling activity tries to counter last week’s nervous sentiment.

The USD/MXN initially pulled back during the trading session on Friday against the Mexican peso, testing the 17.50 peso level.