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 23, 2019 here.

Start the new trading week of June 24, 2019 prepared with our Forex forecast for major currency pairs here!

The Euro shot higher during the trading session on Thursday as we reacted to the Federal Reserve cutting its outlook for interest rate hikes.

Bitcoin rallied just a bit during the trading session on Thursday, as we continue to see a bit of a “risk on” move, as the US dollar has gotten hammered after the dovish Federal Reserve.

The S&P 500 rallied significantly during the trading session on Thursday as the markets continue to see bullish pressure due to the idea of a softening Federal Reserve.

The WTI Crude Oil market exploded to the upside, breaking above the vital $55 level that I had talked about yesterday.

The US dollar has collapsed against the Japanese yen as the Federal Reserve looks very unlikely to take a hawkish stance anytime soon.

The Gold markets gapped higher at the open on Thursday, and then shot towards the $1400 level.

NZDUSD analysis: Firm bullish move within long-term range

AUDUSD analysis: Downtrend in doubt after strong bullish move

USDJPY: Bearish breakout below 108.00

Bitcoin: Bullish consolidation above $8,893 still holding

USDCAD: Bearish trend starting to really get going

USDCHF Analysis: Strong Franc but long-term choppy range

GBPUSD: Strongly short-term bullish