Forex Daily Forecast, Analysis and Prediction

The US dollar has rallied again during the trading session on Friday as the greenback continues to go higher against the Indian rupee.

The US dollar has gone back and forth during the trading session on Friday.

The Swiss franc continues to look strong against the Japanese yen.

Silver rallied nicely during the trading session here on Friday, as the 50-day EMA has offered a certain amount of technical support.

The nifty 50 initially fell during trading on Friday as we continue to see a lot of noisy behavior.

Explore the bullish trend of GBP/JPY amid market volatility. Learn why traders favor the British pound over the Japanese yen and the key levels to watch.

The GBP/USD pair retreated on Monday morning ahead of key events from the UK.

Bitcoin price remained under pressure on Monday morning as the recent bullish momentum faded.

The AUD/USD pair retreated after last week’s hawkish Federal Reserve decision.

French opinion polls suggest far right increasing lead.

Weekly Market Forecast: Key pairs in focus include Bitcoin, WTI Crude, AUD/USD, NASDAQ 100, EUR/GBP, USD/CAD, GBP/USD, and CAC 40. Trade smart, stay updated!

WTI Crude Oil traded higher last week and finished near the 78.440 USD price going into the weekend, the commodity extended gains which essentially started on the 4th of June.

Since the 7th of June the EUR/USD has seen volatility spike as its price range has whipsawed and created dangerous trading conditions for the currency pair’s speculators.

Last week saw stocks advance on lower US CPI data despite a still-cautious Fed, while the Forex market is dominated by a weak Euro and Japanese Yen.

The Australian Stock Exchange has been very noisy as of late, as we continue to hang around the 7700 Australian dollars level.