Forex Daily Forecast, Analysis and Prediction

The Euro has broken through parity again during the trading session on Monday and has now left the parity level behind.

The BTC/USD price declined sharply as concerns about the global economy continued.

The gold markets have fallen a bit during the day on Monday to drop about two-thirds of a percent in the spot market.

The GBP/USD is traversing near the 1.17500 level as of this writing. Yesterday’s high of nearly 1.18310 began to wave early and support levels have continued to prove vulnerable.

The GBP/USD price retreated after a series of worrying news about the UK economy and as volatility jumped.

The AUD/USD price slipped to the lowest level since July 19 as worries about the Chinese economy escalated.

Amid the recovery of the US dollar in the forex market, the pound sterling was the main loser against it.

Last week's trading was in favor of the bulls' strength and control over the direction of the USD/JPY currency pair.

Investors’ desire to buy the US dollar and abandon the euro contributed to the increase in the selling operations of EUR/USD.

Gold futures ended the last trading week flat below the $1800 level, as the yellow metal recorded a weekly loss

Get today's recommendation on the lira against the dollar.

Spot natural gas prices (CFDS ON NATURAL GAS) rose in the recent trading at the intraday levels, to achieve daily gains until the moment of writing this report, by 0.84%.

The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to record losses in its last sessions, by -0.86%

The USD/CAD is trading near the 1.30000 level as of this writing, the last time these values saw sustained trading was on the 18th of July.

As of this writing the USD/ZAR is traversing around the 17.00000 mark with rather strong buying action demonstrating the capability of holding ground.