Forex Daily Forecast, Analysis and Prediction

The EUR/USD experienced a significant decline during Friday's trading session, approaching the 50-Day Exponential Moving Average.

Crude oil markets experienced significant declines during Friday's trading session as prices probed toward the lower end of the recent consolidation range.

The AUD/USD has experienced a tumultuous trading session, initially attempting a recovery before being hit hard by increasing volatility.

The GBP/USD moved sideways last week even after the strong UK inflation data and a bigger rate hike by the Bank of England (BoE) than expected.

Bitcoin continued rising during the weekend as the recent momentum continued.

The Australian dollar retreated on Monday morning as traders brace for a relatively quiet week in the economic calendar.

My previous EUR/USD signal on 22nd June was not triggered, as there was no bullish price action when the price first reached the support level identified at $1.0963.

The Bank of England caused a momentary violent reaction for the GBP/USD this past Thursday with its higher than anticipated Official Bank Rate hike.

Forex traders of the EUR/USD were ‘treated’ to a couple of days of fireworks from the currency pair.

Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of June 25th, 2022 here.

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

This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.

The natural gas market displayed limited activity during the early Thursday session, reflecting a prevailing sense of hesitation.

Gold experienced a decline early on Thursday as downward pressure continued to weigh on the market.

The EUR/USD has exhibited a bullish trend in recent weeks, although its trajectory has become increasingly volatile.