Forex Daily Forecast, Analysis and Prediction

Since the start of this week's trading, the price of the USD/JPY currency pair is on a rebound path to the upside.

The silver market witnessed an initial decline during Tuesday's trading session, dipping lower than in previous days.

The British pound/ US Dollar rate exchange experienced a back-and-forth trading session on Tuesday, displaying a pattern of volatility.

The British Pound returned to its recent gains against the Euro and the Dollar after the release of UK wages and employment figures which indicated that the British labor market is at a turning point.

The NASDAQ 100 has had a nether bullish day during Tuesday trading, as traders continue to pile into all of the same names as for safety.

The EUR/USD experienced an initial attempt at a rally during Tuesday's session, but the gains were ultimately relinquished amid the prevalent noisy market behavior around the 50-Day Exponential Moving Average (EMA).

During Tuesday's trading session, the AUD/USD exhibited a back-and-forth movement, reflecting the prevailing confusion in currency markets.

The EUR/USD exchange rate erased gains made on Monday despite the weak US retail sales numbers.

The BTC/USD pair was flat during the Asian session as Bitcoin’s volume and trading volatility slumped.

The Australian dollar erased most of the gains made on Monday as concerns about a slowing Chinese economy coincided with hawkish RBA minutes.

My previous GBP/USD signal on 10th May was not triggered as the price did not reach any of the key support or resistance levels during that day’s London session.

The TRY/USD fell against the dollar to record levels of decline, the dollar recorded levels of 19.67.

The USD/CAD nearly hit the 1.35680 ratios in early trading yesterday as it kept climbing.

The EUR/USD exchange rate rose to stand back near one-month lows as we open this week.

The GBP/USD exchange rate managed to pull back from its highest level in more than a year last week, but economic headwinds on both sides of the equation now risk seeing it sidelined into further consolidation.