Forex Daily Forecast, Analysis and Prediction

GBP/USD corrects to 1.2577, eyes on US jobs data, BoE policy, and Fed rates. Key resistance at 1.2700, support near 1.2500

Analysis of USD dynamics vs major currencies and USD/JPY trends, with expert insights and key technical levels ahead of US jobs data

The EUR/USD experienced a slight downturn in Tuesday's trading session, encountering considerable volatility around the 1.08 level.

Gold markets experienced a relatively calm trading session on Tuesday, a stark contrast to the tumultuous movements seen on Monday.

The S&P 500 experienced a slight decline during Tuesday's early trading hours, continuing a pattern of volatile and unpredictable behavior.

The U.S. dollar's trading on Tuesday was marked by significant volatility, as it hovered around a key trendline.

In the world of retail trading, a common pitfall is the reliance on candlestick charts for price prediction and candlestick patterns.

The natural gas market experienced a notable upswing during Tuesday's trading session, with prices surpassing the $2.64 level in early trades.

During Tuesday's trading session, crude oil markets initially experienced a decline but found substantial support at the lower end of the recent consolidation range.

During Tuesday's trading session, the AUD/USD exhibited significant negativity, notably slicing below the 200-Day Exponential Moving Average.

$1.2650 area looks pivotal.

The euro continued its strong sell-off as traders embraced a risk-off sentiment.

Bitcoin price continued its strong recovery as the recent surge accelerated.

The Australian dollar continued its downtrend on Wednesday after the latest interest rate decision by the Reserve Bank of Australia (RBA).

Trading in the Turkish lira stabilized against the dollar during early trading on Tuesday morning near its lowest levels ever.