Forex Daily Forecast, Analysis and Prediction

The USD/JPY has showcased its resilience in recent trading sessions, consistently rebounding when it approaches the ¥150 level.

The EUR/USD pair rebounded in the American and Asian sessions as the bond market cooled down.

Bitcoin’s remarkable rally gained steam this week as investors remained optimistic about the crypto industry.

The AUD/USD exchange rate bounced back during the American and Australian sessions even as risks in the market eased.

The USD/JPY moved with gains towards the resistance level of 149.98, on the doorstep from the psychological resistance of 150.00.

The gains of the upward rebound of the GBP/USD currency pair did not exceed the level of 1.2191 before it closed trading around the level of 1.2160.

The price of the lira varied against the US dollar during early trading on Monday morning, as the Turkish currency stabilized near its lowest level ever against the US dollar.

The rebound gains for the EUR/USD did not exceed the resistance level of 1.0616 before it closed the week’s trading stable around the 1.0594 level.

The GBP/CHF initially fell during the trading session on Friday but then turned around to show signs of life.

Gold futures crossed $2,000 an ounce for the first time since the end of July, driven by the war in Israel, a weak US dollar, and the the Federal Reserve.

Crude oil markets experienced a tumultuous start to the trading session last Friday, as they gapped higher before showing signs of exhaustion.

The USD/JPY has been on a significant rally in the recent trading sessions, edging closer to the critical ¥150 level against the Japanese yen.

The GBP/USD experienced a roller-coaster ride during the Friday trading session, highlighting its resilience amid uncertain times.

The USD/ZAR initially tried to rally during the trading session on Friday but gave up gains near the 19.17 level.

The S&P 500 index finds itself in a challenging environment, marked by a prevailing sense of negativity.