Forex Daily Forecast, Analysis and Prediction

For the second day in a row, the price of the GBP/USD currency pair is subjected to profit-taking operations after its strong gains recently, reaching the resistance level 1.3628.

The EUR/USD exchange rate has entered the new week's trading near three-month highs, but with the momentum behind its rally, the single European currency may now struggle to extend its recovery.

The Polkadot (DOT/USD) price retreated slightly on Tuesday as the strong recovery rally faltered.

The Avalanche (AVAX/USD) price jumped for the third straight day as cryptocurrency prices continued their bullish comeback.

The Dow Jones Industrial Average stabilized in its recent trading at intraday levels to achieve slight gains in its last sessions.

Natural gas prices fell as traders assessed the outlook for warmer weather patterns and the potential for weaker demand over the coming weeks.

The price of the Turkish lira fell against the dollar during today's trading where the lira continued to trade in a limited range.

A pivotal point today looks likely to be $1.1400.

Ethereum took off to the upside on Monday, breaking above the 200-day EMA yet again.

Solana rallied right along with the rest of the crypto world during the trading session on Monday, breaking above the $120 level initially.

The British pound pulled back a bit on Monday after initially gapping higher.

The euro fell a bit on Monday as it looks like we are struggling to continue the overall momentum.

The Bitcoin market rallied rather significantly on Monday to reach towards the 50-day EMA.

Gold markets clearly broke out to the upside on Monday, clearing the resistance barrier from the last several days.

The West Texas Intermediate Crude Oil market gapped lower to kick off the session on Monday, and then simply went back and forth as we slid a little lower.