Forex Daily Forecast, Analysis and Prediction

In the Tuesday trading session, silver showcased a rally that effectively erased the losses incurred on Monday.

In the Tuesday trading session, the gold markets showed little movement, hovering around the 50-Day Exponential Moving Average.

The trading of the TRY/USD during early trading this morning, amid the lack of reports affecting the movement of the Turkish lira.

At the beginning of this week's trading, gold futures declined, as investors kept their eyes on the US monetary policy meeting this week.

As I mentioned before, the clear discrepancy between the US Federal Reserve's aggressive stance and the Japanese central bank.

At the beginning of this week's trading, the price of the GBP/USD currency pair completed the downward correction path.

The EUR/USD exchange rate entered the new week's trading under pressure and is likely to be at risk of deeper losses.

Speculators intent on trading today and tomorrow in the USD/CAD, before the U.S. central bank’s Federal Funds Rate and FOMC Statement pronouncements need to have solid risk management in place.

Day traders pursuing the USD/SGD have likely found challenging conditions in the past couple of weeks within the currency pair.

My previous BTC/USD signal on 19th July was not triggered as none of the key support or resistance levels were reached that day.

The GBP/USD exchange rate continued falling after a series of weak manufacturing and services numbers from the UK and the US.

The EUR/USD exchange rate dropped below the key support level of 1.1096 after the latest Spanish election and weak European inflation numbers.

The Australian dollar was flat on Tuesday morning as concerns about China’s slowdown continued.

The world of crude oil trading has been marked by considerable volatility as it grapples with the oscillation between the 50-Day and 200-Day Exponential Moving Average indicators.

The euro experienced a pullback in Monday's trading session, as market participants grapple with the question of whether the US dollar will continue to strengthen or if this is merely a temporary retracement.