Forex Daily Forecast, Analysis and Prediction

During Monday's session, the GBP/USD displayed a period of stagnation, finding itself positioned above a significant level of interest.

The GBP/JPY initially attempted a rally against the Japanese yen in Monday's trading session but quickly surrendered its gains.

The AUD/USD has experienced a period of stabilization in recent trading sessions after weeks of declining value.

My previous GBP/USD signal on 21st June produced a profitable long trade from the bullish doji candlestick on the hourly chart which rejected the support level which I had identified at $1.2698.

The WTI Crude Oil market displayed resilience despite a temporary retreat on Monday.

The S&P 500 did very little during the trading session on Monday, as it looks like we are going to have a bit of a sluggish start to the week.

During Monday's trading session, the silver market witnessed a modest rally, propelling prices toward the 200-Day EMA, positioned around the $23 level.

The natural gas market experienced a relatively quiet trading session on Monday, with prices hovering around the significant resistance level of $3.00.

The gold market has displayed signs of stability recently, with prices hovering above the 61.8% Fibonacci level.

The EUR/USD exchange rate recovered modestly ahead of the upcoming American consumer confidence and the important housing data.

The BTC/USD price moved sideways as the recent momentum faded.

The Australian dollar continued selling off as geopolitical risks continued.

Before the end of last week's trading, the exchange rate of the euro against the dollar (EURUSD) came under noticeable pressure.

The TRY/USD returned to record levels of decline against the US dollar during trading at the beginning of this week.

With the return of the strength of the US dollar, the markets confirmed that the US Federal Reserve is determined to continue raising US interest despite its halt at the last meeting