Forex Daily Forecast, Analysis and Prediction

As you can see, the silver market has initially fell a bit during the trading session and turned around to show signs of life.

The GBP/USD pair retreated this week.

The BTC/USD pair retreated slightly this week even as the crypto market received some important good news.

The AUD/USD pair continued its strong downtrend this week as concerns about the Chinese economy accelerated.

At the start of this week’s trading, the GBP/USD exchange rate rebounded above 1.2920 after reaching a one-year high of over 1.30 last week.

The Japanese yen held steady around 156.85 to the US dollar as investors prepared for the Bank of Japan’s policy meeting next week.

At the start of this week’s trading, the EUR/USD exchange rate remained stable around 1.0885, retreating from last week's four-month high of 1.0940.

At the beginning of this week’s trading, the gold price attempted to rebound upwards due to US political concerns.

The Brazilian Real has been one of the weakest major currencies this year and behavioral sentiment remains fragile.

The US dollar initially tried to rally against the Mexican peso, but then fell rather significantly to break back down below the 18 pesos level.

The US dollar initially tried to rally a bit against the Turkish lira and then gave back those gains to essentially end up where we started for the session after gapping higher.

In my daily analysis of the Dow Jones Industrial Average, it's easy to see that this asset had found a little bit of a floor in the early hours on Monday, but the question now is whether or not it can hang on to that support.

The USD/SGD has traversed higher in the past handful of days, but its upwards price action has not been violent.

The Chinese Yuan has lost value during the early hours on Monday as the prime rate came in about 10 basis points less than anticipated.

It’s not hard to see that we are an extraordinarily bearish market at the moment, as the kiwi dollar is being sold off drastically.