Forex Daily Forecast, Analysis and Prediction

All the gains of the GBP/USD currency pair collapsed since trading last week during yesterday’s session.

Looking at our technical analyses and regarding the future price of the USD/JPY currency pair, we often recommended buying the currency pair from each descending level.

The Turkish Lira recorded slight changes during the early trading this morning.

Spot natural gas prices (CFDS ON NATURAL GAS) settled on a rise in their recent trading at intraday levels, to record slight daily losses until the moment of writing this report, by -0.32%.

The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to record losses for the second day in a row, by -0.54%.

AVAX/USD continues to see downward pressure and its price is lingering near the lower part of its long term value.

SHIB/USD has continued to linger near dangerous lows, and tested value yesterday which will not help speculative bullish fever suddenly emerge.

Bitcoin is seeing unpredictable price movement.

The West Texas Intermediate Crude Oil market initially tried to rally on Wednesday but gave back gains as we continue to hear a lot of noise in the market.

The Nikkei 225 rallied significantly on Thursday to break above the 200-day EMA, and perhaps just as importantly, has broken above the top of the shooting star from the previous session.

The DAX fell initially on Wednesday but found enough buyers underneath to show signs of life again.

The S&P 500 went back and forth on Thursday as we continue to hear a lot of noise in this general vicinity.

The US dollar rallied a bit on Wednesday against most currencies, including the Norwegian krone.

The British pound fell rather significantly from the 1.26 level on Wednesday as we continue to see a lot of negativity.

The euro fell on Wednesday as we continue to see US dollar strength increase.