Forex Daily Forecast, Analysis and Prediction

The West Texas Intermediate Crude Oil market has found Monday to be rather quiet, which makes sense considering it was Juneteenth in the United States,

The US dollar has rallied a bit against the Japanese yen during the trading session on Monday, but it should be noted that it was Juneteenth in the United States

Fantom continues to look stagnant at best, as it hangs just above the $0.25 level, and seemingly has nowhere to be.

Dogecoin is now hovering just above $0.05, and therefore it’s likely that we are eventually going back to even lower levels.

The S&P 500 futures markets had a bit of limited trading during the Monday session, as it was Juneteenth in the United States.

Gold markets went back and forth during the trading session on Monday, as the Americans were away celebrating Juneteenth.

Bitcoin tried to rally on Monday but had to give up the gains and then broke to the $20,000 level.

BNB/USD has been able to produce a solid move higher in the past two days

Speculators can double check current prices to monitor the movement Ethereum has demonstrated compared to this article as a way to judge momentum within ETH/USD.

The Australian dollar has struggled in the past few days as investors continue worrying about the global economy as central banks embrace a more hawkish tone.

Bitcoin and stocks have been in a major sell-off as investors exit riskier assets following last week’s interest rate decision by the Federal Reserve.

The GBP/USD pair moved sideways as investors refocused on the upcoming UK consumer and producer inflation data scheduled for Wednesday.

EUR/USD: USD looking to regain ground.

The euro was not very happy with the rebound gains last week after steps and comments by the monetary policy officials of the European Central Bank.

The highlight of the sterling this week will be the release of British inflation data on Wednesday although the retail sales reading on Friday will also be highly anticipated.