Forex Daily Forecast, Analysis and Prediction

The AUD/USD currency pair initially pulled back a bit Monday, but then turned around to show plenty of strength.

The USD/JPY currency pair rallied a bit Monday as the Japanese yen recovery has stalled.

The NASDAQ 100 fell a bit Monday to test the 12,250 level, an area that previously had been massive resistance.

The S&P 500 Index drifted a little lower Monday, as we await the Federal Reserve meeting and several other announcements for the week.

Ethereum pulled back a bit Monday, as it looks like we are going back and forth and trying to figure out where we are going to go next.

Bitcoin fell a bit Monday as traders came back from the weekend.

The GBP/USD currency pair initially dipped Monday to break below the 1.20 level, only to turn around and show signs of life again.

The EUR/USD currency pair went back and forth Monday as we are hanging just above the 1.02 level.

The West Texas Intermediate Crude Oil market initially fell on Monday to break through the 200-day EMA, which is a rather negative turn of events.

The GBP/USD price rose to the highest point since July 5th this year as the dollar weakness continued.

The EUR/USD remained in a tight range on Tuesday morning as investors waited for the upcoming US consumer confidence data and FOMC decision.

The BTC/USD pair retreated to the lowest level in more than a week as last week’s rebound faded.

The AUD/USD price rose to the highest level since June 2022 as the US dollar decline continued.

The Turkish lira fell during the morning trading on Monday as reports showing Erdogan's discussion of the use of the Turkish lira in international payments did not have any positive impact on the price of the lira.

Last week's trading was generally bullish for the EUR/USD currency pair, as the European Central Bank raised interest rates for the first time in 11 years,