Forex Daily Forecast, Analysis and Prediction

The BTC/USD pair is still in a consolidation mode in the past few days as demand for digital coins ease.

Gold markets initially tried to rally on Monday but then turned around to show signs of weakness.

The Australian dollar rallied on Monday to kick off the week and break above the 0.71 level.

The Parisian CAC Index gapped higher Monday but then pulled back to find buyers underneath.

The DAX rallied a bit on Monday as we initially gapped above the €14,000 level in the futures market.

Bitcoin rallied a bit on Monday as we continue to hang around the $30,000 level.

The Ethereum market bounced a bit on Monday as the $2000 level continues to be somewhat important.

ZCash did very little on Monday, although it is worth noting that things were generally positive.

The S&P 500 rallied in the futures market on Monday as we are above the 3950 level.

The euro rallied quite a bit on Monday, breaking above the 1.06 level.

The West Texas Intermediate Crude Oil market rallied a bit on Monday but turned around and fell to show signs of hesitation.

The EUR/USD price continued its bullish momentum after the hawkish note by Christine Lagarde.

The AUD/USD pair has done relatively well since May 16th as investors react to the latest Albanese win and the retreating greenback.

The GBP/USD pair gathered momentum during the Asian session as the US dollar index retreated and as investors reacted to mixed UK data.

The Turkish lira traded near its lowest level ever during 2022.