Forex Daily Forecast, Analysis and Prediction

After the profit-reaping sales that hit the price of EUR / USD, at the end of last week, it reached the support level at 1.2132 amid positive results from US economic releases.

The return of pressure on the US dollar allows the currency pair, the British Pound against the US dollar, to rise again, stabilizing around the 1.4219 resistance level

The gold price gains during the month of May are the best monthly gains for the yellow metal since last July

A new bearish start for USD/JPY, as it retreated at the beginning of this week's trading.

As of this morning the USD/MXN has again lurched towards important support levels.

Yet commodity currency strength may still lift Aussie beyond 0.7816.

The past week of trading within the USD/ZAR has seen the forex pair create a consolidated range.

Signs that price is topping out in the 1.2250 area.

The euro rallied a bit during the trading session on Monday, but it should be noted that the Americans were not there due to the fact that it was Memorial Day.

The British pound continues to look very bullish, as we continue to hammer against the 1.42 level.

The West Texas Intermediate Crude Oil market has been a little bit choppy during the trading session on Monday, as we had a serious lack of liquidity due to the Memorial Day holiday, and very thin electronic trading.

The market looks as if it is trying to rollover just a bit in order to find some type of support.

ETH/USD has produced technically curious trading the past twenty-four hours.

The S&P 500 futures contract was open for trading on Monday for shortened hours due to the Memorial Day holiday.

The USD/INR has reacted with a move higher, after touching important support levels late last week and yesterday.