Forex Daily Forecast, Analysis and Prediction

The Japanese yen has gained some ground but has shown signs of hesitation by giving back some of its gains.

The GBP/USD has been trading in a small range between the 1.2550 level and the 1.2350 level, exhibiting a lot of uncertainty and noisy behavior.

My EUR/USD signal on 24th April was not triggered as the bearish price action took place above the highest resistance level which I had identified at $1.1056.

The GBP/USD price has been stuck in a tight range even after the strong British housing numbers.

Bitcoin price drifted upwards in the American and Asian sessions as traders rushed to safety ahead of the FOMC decision.

The Australian dollar rose and then retreated after the shock interest rate decision by the Reserve Bank of Australia (RBA).

The EUR/USD exchange rate entered the new month stalling around the 1.10 resistance.

The GBP/USD exchange rate helped lift the British pound to the top of the major currency charts last week.

The Japanese yen bulls are preparing for a period of weakness in the currency until speculation returns on the Bank of Japan's policy adjustment in the June or July meetings

At the beginning of this important trading week, gold futures fell below $ 2,000, despite the exacerbation of the US banking crisis over the weekend

The price of the Turkish Lira fell against the dollar during the early trading on Tuesday morning, as the Turkish currency reached its lowest levels ever, recording levels of 19.

The USD/JPY has rallied against the Japanese yen during Monday's trading session, with the Japanese yen continuing to weaken.

The silver market experienced a significant uptick at the start of the week, gapping to the upside before falling to fill the gap and then rallying strongly.

The GBP/USD has been showing resilience against the US dollar in the face of a lot of noisy and choppy behavior during Monday's trading session.

Gold markets showed signs of life during Monday's trading session after initially pulling back slightly.