Forex Daily Forecast, Analysis and Prediction

The AUD/USD currency pair retreated slightly after the Australian government launched a review of the RBA.

The lira stabilized against the dollar during early European trading today, as it traded near its lowest levels ever against the dollar.

For two days in a row, gold prices are trying to rebound upwards, but the gold market did not find strong momentum.

Global market sentiment still generally dominates the British pound on the day the UK released some mixed labor market data.

Despite the recent gains, euro exchange rates face the possibility of a few very volatile days of trading.

In the midst of profit-taking after the recent record gains, the USD/JPY currency pair is moving downwards, rebounding from its 24-year high of 139.38 resistance.

Spot natural gas prices retreated in their recent trading at the intraday levels to record slight daily losses by -0.91%.

The Dow Jones Industrial Average jumped up during its recent trading at the intraday levels to achieve gains in its last sessions by 2.43%.

The USD/SEK has sunk to July lows, but the currency pair remains in the upper realms of its long term price range technically.

The USD/ZAR has traversed within its upper price range for the past week, frequently trading above the 17.00000 level with a couple instances of sharp reversals lower.

Bitcoin advancing to new 1-month highs on risk rally.

The West Texas Intermediate Crude Oil market rallied a bit Tuesday as we are now threatening to $104 level.

The USD/JPY currency pair initially fell Tuesday against the Japanese yen, but we have seen a turnaround as the Bank of Japan will continue to loosen monetary policy.

The EUR/USD currency pair rallied a bit against the US dollar Tuesday as we await the ECB announcement.

The GBP/USD currency pair has rallied a bit Tuesday as we have ripped above the 1.20 level.