Forex Daily Forecast, Analysis and Prediction

Gold markets went back and forth during the trading session on Monday, as the Americans were away celebrating Juneteenth.

Bitcoin tried to rally on Monday but had to give up the gains and then broke to the $20,000 level.

BNB/USD has been able to produce a solid move higher in the past two days

Speculators can double check current prices to monitor the movement Ethereum has demonstrated compared to this article as a way to judge momentum within ETH/USD.

The Australian dollar has struggled in the past few days as investors continue worrying about the global economy as central banks embrace a more hawkish tone.

Bitcoin and stocks have been in a major sell-off as investors exit riskier assets following last week’s interest rate decision by the Federal Reserve.

The GBP/USD pair moved sideways as investors refocused on the upcoming UK consumer and producer inflation data scheduled for Wednesday.

EUR/USD: USD looking to regain ground.

The euro was not very happy with the rebound gains last week after steps and comments by the monetary policy officials of the European Central Bank.

The highlight of the sterling this week will be the release of British inflation data on Wednesday although the retail sales reading on Friday will also be highly anticipated.

The recent profit-taking sell-offs, especially after the US Federal Reserve’s recent announcement, the price of the USD/JPY currency pair did not come out of the general upward trend.

The lira continued to stabilize against the dollar, as weak and mixed movements showed the central Turkish control over the lira's movements through direct or indirect interventions.

Gold futures ended the tumultuous trading week lower as the brunt of the financial market sell-off came on the yellow metal.

A fall in value early this weekend to new long term depths did put AVAX/USD under 14.0000 briefly, a slight reversal higher has occurred but lows remain in sight.

SHIB/USD bounced to short-term highs on Sunday and early this morning, but its move higher has shown signs of a lower trajectory in the past couple of hours.