Forex Daily Forecast, Analysis and Prediction

Despite attempts to stop losses for the EUR/USD price at the end of last week's trading, the pair rebounded to the 1.1874 level before settling around the 1.1865 level

For three trading sessions in a row, the price of gold returns to its highest level in a week, reaching the resistance level of 1795 dollars an ounce

The British pound regained some of its gains against the US dollar at the end of last week's trading after the release of the monthly US jobs report.

After consecutive bullish jumps for the USD/JPY currency pair, it pushed it towards the resistance level 111.66, its highest since March 2020.

The USD/BRL has produced an incremental climb higher since the 25th of June, but its highs made this past Friday will be put to a quick test today.

The USD/ZAR climbed to two-month highs on Friday, but the Forex pair has since sold off and in early trading today has sustained bearish characteristics.

The USD/INR has lost some of its bullish momentum in trading today as the Forex pair has come off highs.

Both nearby support levels look pivotal.

ETH/USD has come off short-term highs in early trading today as the cryptocurrency produces a rather challenging rolling range.

The price now has room to fall as far as 1.3714.

The West Texas Intermediate Crude Oil market fluctuated during the trading session on Friday, as we continue to hang around the $75 level.

The market turned around to show signs of strength as we formed a major hammer.

The British pound initially pulled back just a bit during the trading session on Friday, but then turned around to show signs of extreme strength.

This is a market that is in a major uptrend and is breaking out to the upside.

The S&P 500 rallied rather significantly heading into the weekend as the jobs number came out with an addition of 850,000 for the month of June.