Forex Daily Forecast, Analysis and Prediction

The EUR/USD has been trying to rally significantly for a while now.

The DAX initially dipped a bit during the trading session on Thursday, as the market looks as if it is getting a little bit “tired.”

The GBP/USD has done very little during trading on Thursday, but it has shown itself to be somewhat resilient.

The AUD/USD has rallied a bit during the trading session on Thursday as we continue to see it consolidate overall.

The Dow Jones Industrial Average settled unchanged during its recent trading on intraday levels, achieving almost unnoticed gains, gaining about 1.58 points only.

EUR/USD is still trying to hold on to the 1.0500 resistance level, to confirm the bulls' control.

Two days after the GBP/USD was subjected to selling operations the currency pair moved towards the support level of 1.2106.

The recent upward rebound attempts of the USD/JPY currency pair stopped at 137.85 yesterday.

During yesterday's limited trading, XAU/USD gold prices rose slightly, reaching the resistance level of $1787 an ounce.

The exchange rate of the TRY/USD has maintained its stability without change.

The GBP/USD sell-off faded on Wednesday as concerns about a global recession continued.

The EUR/USD price moved sideways after the second estimate of European GDP data.

Bitcoin prices continued consolidating as the prolonged cryptocurrency winter continued.

The AUD/USD price remained under intense pressure amid the rising concerns about the Australian and Chinese economies.

The USD/ARS official exchange as of this writing is slightly below the 170.000 ratios, and there are many reasons to believe technically resistance will continue to prove extremely vulnerable.