Forex Daily Forecast, Analysis and Prediction

The GBP/USD has been trading in a tight range between 1.24 and 1.25 levels as the market looks to fight through a barrier.

The British pound drifted upwards on Monday and Tuesday morning ahead of key economic numbers from the United States.

The EUR/USD exchange rate continued rallying as the US dollar sell-off slide resumed.

The AUD/USD exchange rate was flat on Tuesday even as the US dollar index dropped to its lowest level on April 14.

My previous BTC/USD signal on 19th April was not triggered, as there was no bullish price action when the support levels I had identified that day were first reached.

Silver experienced a small pullback during Monday’s trading session, but buyers quickly stepped in, turning the market around as they saw an opportunity to buy "cheap silver."

The GBP/JPY has been on an uptrend against the Japanese yen, and Monday’s trading session saw the pound rally further.

Gold markets had a tough day on Friday, but it appears that the market is trying to find support just below the $2000 level.

The EUR/USD has been trading in a tight range against the US dollar (USD) in recent sessions, with the psychologically important 1.10 level acting as a key resistance level.

The AUD/USD has been trading in a narrow range in recent sessions, with significant support at the 0.66 level and resistance at the 0.68 level.

The price of the TRY/USD settled near its lowest level ever against the US dollar, which it recorded during trading at the beginning of the week.

The price range of the USD/MXN has proven durable and has been rather tight and impressive.

The USD/ZAR is near the 18.12100 mark as of this writing with rather quick changes occurring.

In the midst of limited trading last week, the price of the EUR/USD currency pair moved in a range between the support level 1.0909 and the resistance level 1.0993

The USD/JPY saw a slight decline during Friday's trading session but remained supported just below the 200-Day EMA.