Forex Daily Forecast, Analysis and Prediction

The EUR/USD initially fell during the trading session on Monday, but then turned around to threaten the 200-Day EMA it again.

The GBP/JPY has had a relatively stable trading session against the Japanese yen on Monday, as we are hanging around just below the 50-Day EMA.

The BTC/USD has been all over the place during the trading session on Monday, as we continue to see a lot of rumors around the FTX fallout hit the wires.

Traders of the USD/MXN are likely studying long-term charts as they consider the possible depths the currency pair could explore in the near-term.

The GBP/USD rally stalled ahead of a pivotal week for sterling and UK markets.

The EUR/USD price held steady as the US dollar retreat continued.

The AUD/USD price continued rising as the market waited for the upcoming meeting between Xi Jinping and Anthony Albanese.

Bearish environment but medium-term direction looks uncertain.

The USD/JPY has a long history of creating what can be described as sincere trends in value.

The British economy contracted - 0.2% in the third quarter, the first decline in 18 months.

Yellen has consistently signaled her support for the Fed's moves to bring down the worst bout of inflation in 40 years.

What the Fed does in terms of rates is critical to Wall Street because rallies slow the economy and can cause a recession, all while lowering stock prices.

Spot natural gas prices (CFDS ON NATURAL GAS) rose in early trading on Monday, to achieve daily gains until the moment of writing this report, by 5.75%.

The Dow Jones Industrial Average rose slightly during its recent trading at the intraday levels, to achieve slight gains in its last sessions, by 0.10%.

The TRY/USD continued to stabilize with the opening of trading of the week.