Forex Daily Forecast, Analysis and Prediction

The Turkish lira traded stable against the US dollar during early trading this week.

The USD/MXN is trading near the 16.97500 level as of this writing.

The USD/ZAR as of this writing is near the 18.02100 mark as of this writing.

My previous EUR/USD signal on 12th July was not triggered, as unfortunately, the bullish price action took place a bit below the support level identified at $1.1026.

During Friday's trading session, the US dollar displayed a significant rally, while the Japanese yen experienced ongoing weakness.

Early on Friday, natural gas markets showed little movement, with traders seemingly digesting the significant gains achieved on Thursday.

The GBP/JPY has experienced a significant surge overnight, with market participants closely observing the ¥180 level as substantial support.

During Friday's trading session, the AUD/USD experienced a significant decline, approaching the 50-Day Moving Average as it grinds towards the 0.67 level.

The GBP/USD exchange rate dropped to an important support level after a series of important economic numbers from the UK.

The BTC/USD has gone nowhere in the past few weeks as focus now shifts to the upcoming Fed decision and options expiry.

The AUD/USD exchange rate retreated on Monday morning as the focus shifted to the upcoming interest rate decision.

The gold market has recently encountered a momentary retreat after a period of bullish pressure, prompting investors to carefully assess the market's recent momentum.

In Friday's trading session, the West Texas Intermediate Crude Oil market rallied, threatening the 200-Day EMA.

Friday's trading session for the euro was marked by limited movement, which, in itself, could be interpreted as a bullish sign, considering the previous day's tumultuous performance

Friday's trading session witnessed a notable rally in the S&P 500, as the market displayed a back-and-forth movement towards the upside