Forex Daily Forecast, Analysis and Prediction

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of June 20, 2022 here.

Start the week of June 20, 2022 with our Forex forecast focusing on major currency pairs here.

The French index had tried to rally a bit in the futures market earlier on Thursday but then sold off quite drastically.

The S&P 500 has broken down again during the trading session on Thursday, as we are below the 3700 level now.

The British pound initially fell on Thursday but then turned around to break above the 1.22 handle.

The German index tried to recover early on Thursday but then fell apart as we have sliced through the crucial €13,250 level.

The Euro has bounced significantly from the 1.04 level during the trading session on Thursday.

The Solana market has pulled back a bit during the trading session on Thursday as we continue to see the market drift lower overall.

Vechain has fallen a bit during the trading session on Thursday as we continue to see crypto markets take a punch to the face.

The Bitcoin market has fallen during the trading session on Thursday as it looks like we are ready to test the $20,000 level again.

The gold markets pulled back a bit during the trading session on Thursday to drop to the previous uptrend line.

The West Texas Intermediate Crude Oil market initially fell on Thursday as the market approached the crucial 50 Day EMA, and the $112 level.

Spot natural gas prices (CFDS ON NATURAL GAS) rose in their recent trading at the intraday levels, to achieve slight daily gains until the moment of writing this report, by 0.53%.

The US Central Bank announced a stronger-than-expected interest rate hike and calmed Jerome Powell, governor of the bank.

The Dow Jones Industrial Average rose during its recent trading at intraday levels, to break a series of losses that continued for five consecutive sessions, achieving gains in its last sessions by 1.00%.