Forex Daily Forecast, Analysis and Prediction

The USD/CAD currency pair is trading near long term highs early this morning, this as its dynamic ride upwards continues to create havoc.

The GBP/USD price crashed to the lowest level since the 1980s as investors continued focusing on the upcoming central bank decisions.

The EUR/USD price moved sideways during the American and Asian sessions after a hawkish statement by Christine Lagarde.

The AUD/USD price continued its downward trend after the relatively dovish RBA minutes and the upcoming Fed interest rate decision.

My previous signal on 15th September was not triggered, as none of the key support or resistance levels which I had identified were reached that day.

The price of the Turkish lira fell against the US dollar during today's early trading, as the lira recorded its lowest level against the US currency this year, after the pair touched the 18.30 levels.

Parisian stocks initially fell during the trading session on Monday but continue to look at the €6000 level as crucial.

Spot natural gas prices (CFDS ON NATURAL GAS) settled on a decline in recent trading at intraday levels.

The Dow Jones Industrial Average rose in its recent trading at intraday levels, to break a series of losses that continued for two consecutive sessions.

Gold markets have continued to be very soft in general, as the market continues to pay close attention to the US dollar and interest rates in America.

For four trading sessions in a row, the price of the USD/JPY currency pair is moving in a narrow trading range.

The Ethereum market was relatively quiet during the Monday session, after spending most of the weekend selling off.

Gold price was little changed near its weakest level in more than two years as investors weigh the potential size of a looming interest rate hike by the Federal Reserve, which could put renewed pressure on the precious metal.

The Bitcoin market has broken significantly during the trading session on Monday but then turned around to form a bit of a hammer.

With the start of this week’s trading and amid a temporary halt in the dollar’s​​gains, the GBP/USD pair succeeded in moving higher, amid caution, to the level of 1.1436.