Forex Daily Forecast, Analysis and Prediction

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of July 11, 2022 here.

Start the week of July 10, 2022 with our Forex forecast focusing on major currency pairs here.

The US dollar has pulled back a bit during the trading session on Thursday as the 1.31 level against the Canadian dollar continues to cause resistance.

The WTI Crude Oil market has rallied rather significantly during the trading session on Thursday to test the bottom of the previous trendline.

The Euro initially tried to recover on Thursday but then turned around to show signs of weakness.

The British pound has reversed quite massively during the trading session on Thursday, recapturing the 1.20 level.

The Bitcoin market has rallied a bit during the trading session on Thursday as we continue to go sideways.

Ethereum has rallied a bit during the trading session on Thursday to reach the $1250 level.

The DAX has rallied a bit during the trading session on Thursday as we continue to see signs of life.

The S&P 500 has rallied rather significantly during the trading session on Thursday to reach the 3900 level.

The US dollar has pulled back a bit during the trading session on Thursday as we have seen an oversold condition in this pair.

Gold markets tried to recover during trading on Thursday but gave back gains rather quickly as we had approached the $1750 level.

The Turkish lira fell with the dollar's rise during today's early trading.

Spot natural gas prices (CFDS ON NATURAL GAS) slightly increased in their recent trading at the intraday levels, to achieve daily gains until the moment of writing this report by 0.51%.

The Dow Jones Industrial Average rose slightly during its recent trading at the intraday levels, to achieve gains in a session characterized by volatility by 0.23%.