Forex Daily Forecast, Analysis and Prediction

For four consecutive trading sessions, the USD/JPY currency pair settled around the recent bullish rebound gains, which affected the 135.10 resistance level.

The silver market showed some signs of life during the trading session on Monday, despite the initial pullback.

The GBP/USD exchange rate revealed its New Year gains last week, and it will be fortunate if it is able to avoid a further breakout below the 1.20 psychological support in the coming days after an unfavorable expansion of the expected Fed interest rate differential.

The US dollar pulled back just a bit in relatively quiet trading on Monday as the 1.35 level continues to cause issues against the Canadian dollar.

The EUR/USD exchange rate erased all of its New Year's gains over the course of February trading but drew support on Friday from the hawkish resolve of the European Central Bank (ECB).

On Monday, the British pound hesitated near the 200-Day EMA, and the market has been noisy.

The Dow Jones Industrial Average rose during its recent trading on the intraday levels, to achieve gains in its last sessions by 0.39%, gaining about 129.84 points.

Spot natural gas prices (CFDS ON NATURAL GAS) settled down during their early trading on Tuesday, stable at their lowest level in two years.

During Monday's trading session, the Australian dollar rallied, breaking above the 50-Day EMA, near the 0.69 level.

Unchanged Early trading of the TRY/USD stabilized on Tuesday morning.

During Monday's trading session, the West Texas Intermediate Crude Oil market rallied a bit, but we saw a lot of noisy and choppy behavior in thin volume.

On Monday's trading session, the British pound had tight trading, going back and forth.

The USD/BRL finished yesterday’s trading near the 5.1675 mark.

On Monday's trading session, the US dollar traded back and forth against the Japanese yen.

The USD/MXN is near the 18.39700 vicinities as of this morning.