Forex Daily Forecast, Analysis and Prediction

The USD/JPY embarked on a notable descent at the outset of Friday's trading session.

Explore gold's market dynamics amid US dollar strength and upcoming central bank decisions. Key insights on gold's price trends, forecasts, and economic impacts

The S&P 500 underwent a modest retreat during the early hours of Friday's trading session, reflecting the ongoing turbulence and volatility within this consolidation range.

The EUR/USD had a rough ride during the latest trading session on Friday.

Ethereum exhibited a back-and-forth pattern during the early hours of Friday, revealing signs of potential strain in this market.

Bitcoin experienced an initial dip during Friday's trading session, but it swiftly reversed course, exhibiting renewed vitality.

The USD/MXN has begun Monday’s trading with a rather steady value line, but the past handful of days has seen a rather intriguing technical battle ensue.

The USD/ZAR has continued to trend higher, but volatility is also consistently being triggered in the currency pair which makes it difficult for day traders to take advantage.

Recovery after strong drop from area of long-term high price.

The GBP/USD price has come under pressure in the past two weeks as the US dollar index started its comeback.

The EUR/USD exchange rate wavered ahead of an important week in the financial market.

The AUD/USD pair pulled back slightly after the strong US jobs numbers.

The difference between success and failure in Forex / CFD trading is highly likely to depend on which assets you choose to trade each week and in which direction, and not on the methods you might use to determine trade entries and exits.

Day traders in the EUR/USD likely ran into a costly whipsaw last week if they continued to press ahead with buying positions, this while believing the currency pair had sold off too much and would have to reverse higher.

WTI Crude Oil fell to lower values that had last been seen in a sustained manner in June of 2023, this as the commodity touched 69.000 USD per barrel briefly on Thursday of last week.