Forex Daily Forecast, Analysis and Prediction

The Natural Gas market continues its efforts to establish a basing pattern, primarily hovering just above the critical $2.00 mark.

The USD/JPY pair continues to exhibit a bullish outlook as it enters the new week.

The West Texas Intermediate (WTI) crude oil market displayed some early choppiness on Monday.

On Monday, the British pound exhibited a drop against the US dollar as markets grapple with the prospect of a Federal Reserve adopting a more prolonged tightening stance.

In Monday's trading session, Bitcoin experienced a slight rally, although it remains within a consolidation range.

The BTC/USD pair remained at 42,500 as traders waited for the next important news.

The EUR/USD plunged to a multi-week low as the US dollar index (DXY) rally gained steam.

The GBP/USD exchange rate continued plunging after a hawkish statement by Jerome Powell and strong US economic numbers.

Zone at $0.6520/8 looks likely to be today’s pivotal point.

Last week, gold price gains reached the resistance level of $2065 per ounce.

The performance of the USD/JPY pair last Friday completely changed its performance throughout the week.

The EUR/USD currency pair fell to its lowest level in 7 weeks.

The strong performance of the GBP/USD pair last week moved them towards the resistance level of 1.2773.

The US dollar demonstrated a notable rally during Friday's trading session against the Japanese yen.

The Australian dollar faced a sell-off during Friday's trading session.