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Forex Daily Analysis and Prediction- Forex Daily Forecast
Top Forex BrokersForex Daily Forecast, Analysis and Prediction
The S&P 500 has been very noisy during the month of January, and as we head into February there are a lot of questions being asked.
The NASDAQ 100 continues to try and recover during the month of January, and at the time of writing it seems like everybody’s bullish again.
Bitcoin: Value Climb Builds as many Speculators Proved Wrong
USD/INR: Solid Decline Delivers New Range for Consideration
EUR/USD entered the new week trading near nine-month highs with room to test psychological resistance at 1.10.
At the start of this week's trading, gold futures struggled to hold $1,920 an ounce as it snapped its longest weekly winning streak since August 2020.
For the second week in a row, the price of the USD/JPY currency pair stabilizes in a limited path trying to get out of the downward channel.
The GBP/USD exchange rate put a siege to six-month highs in recent trading, but uncertainty over this week's interest rate decisions and US economic data could prevent further recovery in the coming days.
The TRY/USD stabilized during early trading today, Tuesday, a day after the lira recorded new levels of decline during yesterday's trading, as the lira reached its lowest level ever against the dollar.
The Australian dollar has been overbought for some time, and therefore a little bit of a pullback makes quite a bit of sense.
The euro has been slightly positive during the trading session on Monday, as we continue to wait on the FOMC meeting on Wednesday.
Gold markets initially trying to rally during the training session on Monday, but we continue to see a bit of hesitation just above.
The USD/JPY currency pair has rallied a bit during the trading session again on Monday, as we continue to form a basing pattern.
The West Texas Intermediate Crude Oil market drifted a bit lower during the trading session on Monday but did bounce from the ultimate lows.
The EUR/JPY currency pair pulled back just a bit, but then turned around to show signs of life as we had bounced from the 200-Day EMA.