Forex Daily Forecast, Analysis and Prediction

The GBP/USD price dropped to the lowest level since 1985 against the US dollar as investors focused on weak economic data from the UK.

The EUR/USD price crashed to the lowest level in more than two decades as concerns about the European economy continued.

The BTC/USD price moved sideways and remained under intense pressure as the US dollar rally continued and global risks rose.

The USD/JPY has broken above the ¥140 level over the last couple of days, and now it looks as if we are finally running into a little bit of exhaustion.

The GBP/USD has fallen yet again during the day on Friday, after initially trying to recover a bed.

The AUD/USD initially tried to rally on Friday, bolstered by a cooler than anticipated jobs number coming out of the United States.

The Euro initially tried to rally against the Swiss franc on Friday, but gave back gains.

The initial reaction of the EUR/USD to the jobs number in the United States was bullish, but by the time everybody went home for the weekend, it started selling it off again.

he Turkish lira stabilized without major changes during the early trading Monday session.

Last week's trading was important for the bulls to gain more control over the general trend of the USD/JPY currency pair.

The price of gold settled above the level of 1700 dollars at the end of trading last exciting week.

The GBP/USD fell down to the 1.1498 support level, its lowest since the year 2020.

Amid the continuation of the downward trend of the EUR/USD pair, it will react this week to the announcement of the updated monetary policy decisions of the European Central Bank.

The EUR/GBP is near the 0.86340 mark as of this writing, this value is clearly within sight of important resistance which remains technically intriguing.

The West Texas Intermediate Crude Oil market has initially tried to rally on Friday, as everything went “risk on” for a short amount of time.