Forex Daily Forecast, Analysis and Prediction

The GBP/USD pair continued wavering on Wednesday after the encouraging UK public borrowing data and weak US housing numbers.

Bitcoin price remained under intense pressure this week as demand, volatility, and volume continued falling.

Natural gas markets displayed limited activity during Tuesday's trading session, holding steadfast around the 50-Day EMA

The AUD/USD pair remained under pressure this week as the US dollar strength continued.

The EUR/USD retreated on Tuesday and resumed the recent downward trend as the US dollar strength resumed.

Gold markets exhibited a noticeable upswing during Tuesday's trading session, building on the momentum.

At the beginning of this week's trading, the price of the EUR/USD currency pair tried to rebound to the upside and stop its recent losses.

For six consecutive trading sessions, the price of the GBP/USD currency pair is trying to rebound to the upside.

The USD/JPY currency pair is still bullish and the strongest.

At the beginning of trading this week Gold futures rose slightly, supported by a weaker US dollar.

The USD/TRY stabilized near its highest levels ever, while the shares of Turkish banks recorded strong declines during the trading at the beginning of the week.

During Monday's trading session, the USD/JPY displayed a noteworthy rally, surpassing the ¥145 level once again.

Amidst Monday's trading session, the GBP/USD showcased a measured upward swing, which was subsequently accompanied by a slight retracement of its steps.

In the gold markets, the recent trading session on Monday showed a measured uptick in value, marked by a recovery from the 200-Day Exponential Moving Average.

The West Texas Intermediate (WTI) Crude Oil market displayed a modest upward move during Monday's trading session, surpassing the $85 level.