Forex Daily Forecast, Analysis and Prediction

The GBP/USD pair remained in a consolidation phase on Tuesday morning as the US bond yields surge continued.

The EUR/USD pair drifted slightly as market participants bought the dip after it dropped to a multi-week low of 1.0844 last week.

The BTC/USD pair remained in a tight range on Tuesday as traders reacted to last Friday’s crash and the soaring bond yields.

The AUD/USD is still sitting at its lowest level since November last year as concerns about Australian growth continued.

During last week's trading, the bears increased the pressure on the performance of the EUR/USD currency pair, with losses affecting the support level 1.0845,

By the end of last week's trading, gold futures contracts cut off a series of losses that lasted for nine days.

At the end of last week’s trading, the price of the US dollar currency pair against the Japanese yen, USD/JPY, was exposed to profit-taking sales, pushing it towards the 144.92 support level.

At the end of last week's trading, the price of the British pound fell against the currencies of the euro, the dollar and others, as British retail sales disturbed the economic waters.

The USD/TRY maintained its stability near its highest levels ever, amid the Turkish Central Bank's continued shift in its monetary policy.

The USD/JPY pair has exhibited a minor retreat, yet prevailing indicators suggest the potential for an upward trajectory.

During Friday's trading session, the silver market experienced a noteworthy surge in its price, with the $22.50 level assuming the role of a robust support point.

In the context of the contemporary global energy domain, few sectors command as much attention as natural gas, a focal point accentuated by recent strategic realignments.

The West Texas Intermediate Crude Oil market embarked on an initial attempt to rally during Friday's trading session, pushing against the $80 threshold.

During Friday's trading session, the British pound exhibited modest gains, only to slightly reverse its course, hinting at a potential breakthrough beyond the 50-Day Exponential Moving Average.

Speculators of the USD/ZAR have an intriguing technical perspective to decide upon early this week as the currency pair hovers slightly over the 19.00000 level.