Forex Daily Forecast, Analysis and Prediction

Gold markets have rallied a bit during the trading session on Thursday again, as we continue to see quite a bit of aggressive buying on each dip.

The BTC/USD market has done very little during the trading session on Thursday, as we continue to see a lot of lackluster momentum.

The AUD/JPY has fallen during the trading session on Thursday, dropping down to roughly ¥88.50 at the Lowell, before bouncing a bit.

The West Texas Intermediate Crude Oil market has rallied a bit during the trading session on Thursday to show signs of life again as the $80 level has offered support.

The USD/JPY has fallen a bit during the trading session on Thursday as we continue to see a lot of noisy behavior between the ¥127.50 level and the ¥130 level.

The S&P 500 has fallen a bit during the trading session on Thursday, as we are now below the 50-Day EMA.

The EUR/USD initially tried to rally during the trading session on Thursday but continues to struggle above the 1.08 level.

The AUD/USD has fallen during trading on Thursday, as we continue to see a lot of noisy behavior around the world.

The inflation figures in the eurozone did not come as a surprise to the markets.

During this week's trading, the bulls succeeded in pushing the price of the GBP/USD pair, towards the 1.2435 resistance level.

Yesterday's session was characterized by the rapid and unstable performance of the US dollar currency pair against the Japanese yen USD/JPY.

After three consecutive trading sessions, the XAU/USD gold price was subjected to profit-taking sales.

The Bank of Japan has announced that it is going to continue the quantitative easing program that it’s been in for a while.

Spot natural gas prices (CFDS ON NATURAL GAS) settled down during its early trading on Thursday, achieving slight daily gains until the moment of writing this report, by 0.99%.

The Euro initially shot higher during the trading session on Wednesday, but gave bank gain as we continue to see a lot of resistance above.