Forex Daily Forecast, Analysis and Prediction

Following the Memorial Day holiday in America, the S&P 500 experienced a positive trading session on Tuesday.

During Tuesday's trading session, natural gas prices experienced a mild decline in lackluster trading activity.

The British pound has displayed considerable volatility against the Japanese yen Tuesday, primarily due to the Bank of Japan's emergency meeting.

During Tuesday's trading session, gold markets experienced a slight pullback, causing a breakdown towards the $1950 level.

The Australian dollar initially experienced a decline in Tuesday's trading session but later demonstrated resilience and fought back.

The EUR/USD exchange rate entered a shortened week due to turbulence, under pressure near its lowest levels in two months and with key technical support levels in sight

XAU/USD Gold Futures fell during the quiet Memorial Day holiday session.

For three trading sessions in a row, the bulls settle in the US dollar currency pair against the Japanese yen USD/JPY in the vicinity of the resistance level 140.91, its highest in six months

The GBP/USD exchange rate entered the new week's trading near its lowest level in two months around the 1.2332 support level.

The Turkish lira is facing pressure, one day after the announcement of the victory of Turkish President Recep Tayyip Erdogan for a second term.

The USD/CAD remains within the upper tier of its short and mid-term price charts, and nervous buying is keeping the pair rather stubborn.

The NZD/USD finds its value near levels it has not seen since the middle of November last year.

The GBP/USD was flat on Tuesday morning as the market prepared for more volume after Monday’s UK and US public holidays.

The EUR/USD pair was little changed on Monday amid low liquidity since US markets were closed for the Memorial Day weekend.

The Australian dollar drifted upwards as investors bought the dip.