Forex Daily Forecast, Analysis and Prediction

Natural gas markets broke down significantly during the trading session on Monday again, after initially trying to rally.

The Australian dollar gapped higher to kick off the trading session on Monday but has since collapsed significantly to form an extraordinarily bearish candle.

Oil markets were a bit tricky during the trading session on Monday as we came back to work.

The US dollar gapped higher against the Japanese yen to kick off the trading session on Monday, perhaps in reaction to the bullish attitude after the United States and China agreed to at least continue to talk during their meeting in Osaka.

The S&P 500 of course gapped higher to kick off the week, as word got out that the Americans would not increase tariffs against the Chinese.

Gold markets gapped lower to kick off the trading session on Monday, slicing through the $1400 level.

NZDUSD analysis: Bearish retracement to 0.6700 area

AUDUSD analysis: Bearish retracement to 0.7000 area

The US dollar has been relatively negative against the Swiss franc lately, as we spent most of the month falling from the rising wedge that had been formed previously.

The New Zealand dollar has seen a bit of a resurgence after the central bank meeting, which is a bit ironic considering that the Royal Bank of New Zealand suggested interest rate cuts are coming.

USDJPY: Bullish break above 108.15

The Euro has rallied quite nicely during the month of June, although it has been a very messy and choppy affair.

Bitcoin: Strong bearish retracement: medium-term end to uptrend?

The Euro has seen a bit of a resurgence lately, as we may have had a bit of a bottom when it comes to the EUR/JPY pair, and we also have the EUR/USD pair trying to break to the upside as well, which of course is the overall benchmark for Euro strength.

The Australian dollar had a very strong close to the month, breaking above the 0.70 level.