Forex Daily Forecast, Analysis and Prediction

Day traders of the USD/INR should practice extreme caution today.

My previous USD/JPY signal on 18th January was not triggered, as there was no bullish price action when the support levels I had identified at ¥129.60 and ¥128.47 were reached that day.

The British pound came under selling pressure after the IMF warned about the state of the economy.

Gold markets are getting stretched. How will they fare during February? Get the monthly forecast here.

The EUR/USD price moved sideways on Wednesday with the focus now being the upcoming Fed decision.

The AUD/USD formed a small hammer pattern on Wednesday morning as the focus remained solid on the upcoming FOMC decision.

The S&P 500 has been very noisy during the month of January, and as we head into February there are a lot of questions being asked.

The NASDAQ 100 continues to try and recover during the month of January, and at the time of writing it seems like everybody’s bullish again.

Bitcoin: Value Climb Builds as many Speculators Proved Wrong

USD/INR: Solid Decline Delivers New Range for Consideration

EUR/USD entered the new week trading near nine-month highs with room to test psychological resistance at 1.10.

At the start of this week's trading, gold futures struggled to hold $1,920 an ounce as it snapped its longest weekly winning streak since August 2020.

For the second week in a row, the price of the USD/JPY currency pair stabilizes in a limited path trying to get out of the downward channel.

The GBP/USD exchange rate put a siege to six-month highs in recent trading, but uncertainty over this week's interest rate decisions and US economic data could prevent further recovery in the coming days.

The TRY/USD stabilized during early trading today, Tuesday, a day after the lira recorded new levels of decline during yesterday's trading, as the lira reached its lowest level ever against the dollar.