Forex Daily Forecast, Analysis and Prediction

This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of September 18th, 2022 here.

Start the week of September 18th, 2022 with our Forex forecast focusing on major currency pairs here.

The Euro has done very little yet again during the day on Thursday as we continue to hang around the parity level.

The S&P 500 ended the trading session on the back foot, threatening to break down through major support.

The NASDAQ 100 has fallen rather hard during the trading session on Thursday as we have sliced through the 11,900 level.

Gold markets have broken significantly during the trading session on Thursday as we continue to see the US dollar strengthen.

The DAX has fallen during the trading session again during the trading session on Thursday to show signs of weakness yet again, and now it looks as if we are breaking the back of the hammer from the Wednesday session.

The BTC/USD has fallen a bit during the trading session on Thursday as we continue to flirt with the $20,000 level and try to figure out where we are going next.

The West Texas Intermediate Crude Oil market has slammed lower during the trading session, losing almost 5%.

Ethereum has dropped during trading on Thursday as the risk appetite of traders continues to deteriorate.

The US dollar has rallied ever so slightly during the trading session on Thursday as we continue to attempt to build momentum in the USD/JPY pair.

The AUD/USD has given up gains rather quickly during the day on Thursday as we continue to see a lot of US dollar strength.

The euro against the dollar took heavy losses after sharp increases in some US inflation surprised the market.

The US dollar continued to maintain its gains against the rest of the other major currencies since the announcement of US inflation figure.