Forex Daily Forecast, Analysis and Prediction

The AUD/USD has rallied rather significantly on Friday to break much higher.

The gold market did rally during the trading session on Friday, but it also gave up about half of its gains as we continue to see downward pressure.

The EUR/USD did rally a bit during the trading session on Friday, but also gave back quite a bit of the gains to show just how weak this market is.

The GBP/USD price moved upwards as focus shifts to important economic data from the United States and the UK.

The BTC/USD price continued its recovery as the US dollar and the VIX index retreated.

The AUD/USD price bounced back on Friday as the strong US rebound took a breather.

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 11th, 2022 here.

Start the week of September 11th, 2022 with our Forex forecast focusing on major currency pairs here.

The USD/JPY has stalled against the lowly Japanese Yen during trading on Thursday as we have run out of momentum.

The S&P 500 has gone back and forth during the session on Thursday as we continue to see a lot of noise just below the 4000 level.

The NASDAQ 100 initially shot higher during the trading session on Thursday but then turned around to show a relatively negative look.

Gold markets had rallied to kick off the session on Thursday but have given back quite a bit of gain to turn around and form a very negative candlestick.

The EUR/CHF has fallen during the trading session on Thursday as the European Central Bank raised interest rates by 75 basis points.

The West Texas Intermediate Crude Oil market bounced a bit during the trading session on Thursday, gaining over 2%.