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 18, 2022 here.

Start the week of July 18, 2022 with our Forex forecast focusing on major currency pairs here.

The gold market has broken significantly during the trading session on Thursday to test the $1700 level.

The Australian dollar has gone back and forth during the trading session on Thursday as we have tested the 0.67 level.

The British pound has plunged lower during the trading session on Thursday only to turn around and rally again.

The Euro broke below the parity level during the trading session on Thursday, as we continue to see a lot of US dollar strength.

The S&P 500 has gone back and forth during the trading session on the trading session for Thursday, as we continue to see the markets flow back and forth.

The DAX has fallen significantly during the trading session on Thursday as we have seen stocks around the world struggle.

The French index plunged initially during the training session on Thursday to reach below the €5900 level but then turned around to show signs of life again.

Bitcoin has initially pulled back a bit during the trading session on Thursday but continues to find buyers near the $20,000 level.

Ethereum markets have rallied quite significantly on Thursday, as we continue to bang around in the same $250 range.

The West Texas Intermediate Crude Oil market fell a bit during the trading session on Thursday to crash through the $92 level.

The NZD/USD made new long-term lows yesterday, and the currency pair is challenging values not seen since May of 2020.

The USD/MXN continued to move higher and touched values not seen since the second week of March, as the currency pair reacted to U.S economic data and technical forces.

The Turkish lira fell against the dollar to record levels, as the Turkish lira was affected by the rise of the US dollar.