Forex Daily Forecast, Analysis and Prediction

Bitcoin has remained in a tight range in the past two weeks as investors wait for the next catalyst in the industry.

The EUR/USD price continued rising even as several Fed officials insisted that the bank was not done raising interest rates.

The US dollar made an initial attempt to rally during Monday's trading session but quickly retraced its gains.

The British pound made an initial attempt to rally during Monday's trading session but later retraced its gains, indicating a sense of hesitation in the market.

The AUD/USD pair encountered resistance during Monday's trading session as it attempted to rally.

Gold markets experienced a slight pullback during Monday's trading session, but then rebounded as value hunters entered the marketplace.

Broken above potential new support at $1.2962.

Get today's recommendation on the lira against the dollar

In the last trading session of last week, the bulls succeeded in moving the price of the EUR/USD currency pair, upwards, towards the 1.0973 resistance level

The bearish market for XAU/USD gold price pushed prices towards the support level of $1902 an ounce.

The recent selling of the USD/JPY currency pair increased its pace during last Friday's session, as it collapsed towards the support level of 142.06.

The GBP/USD exchange rate was significantly higher after a key US jobs report versus market expectations tempered expectations of a US rate hike by the Federal Reserve.

During Friday's trading session, silver price initially experienced a slight pullback but quickly turned around as the US jobs report revealed weaker-than-anticipated data.

During Friday's trading session, the AUD displayed a modest rally, coinciding with the release of the Non-Farm Payroll data, which fell slightly short of expectations.

In the latest trading session, the euro exhibited a substantial rally, fueling speculations of a potential return to the 1.10 level.