Forex Daily Forecast, Analysis and Prediction

The S&P 500 surged quite drastically during the trading session on Friday after initially gapping higher.

The US dollar rallied a bit during the trading session on Thursday again to break above the ₹76.50 level.

The US dollar has rallied initially during the trading session on Thursday to reach the 1.29 area.

The Euro has fallen a bit during the trading session on Thursday to Pierce below the 1.05 level.

Bitcoin has rallied ever so slightly during the trading session on Thursday to gravitate near the $40,000 level.

Gold markets initially fell on Thursday to break down below the crucial $1880 level.

The West Texas Intermediate Crude Oil market initially fell during trading on Thursday but has found plenty of buyers near the $100 level.

Gold prices fell strongly towards the support level of $ 1881 an ounce, coinciding with a sharp rise in the price of the US dollar amid expectations of violent policy tightening by the Federal Reserve.

After four trading sessions in a row, the USD/JPY currency pair moved on its impact, amid profit-taking sales, and it moved towards the 126.92 level.

The British pound is on track to record a third consecutive monthly decline against the euro and the fourth consecutive monthly decline against the US dollar as investors continue to abandon the British currency.

The downward trend of the EUR/USD currency pair is continuing

Spot natural gas prices (CFDS ON NATURAL GAS) stabilized at an increase in its recent trading at the intraday levels, recording slight daily losses.

The Dow Jones Industrial Average rose slightly during its recent trading at the intraday levels, to achieve slight gains in its last sessions, by 0.19%.

The lira recorded some gains, although it continued to trade within a limited range.

LUNA/USD has demonstrated considerable volatility the past five days of trading as it has tested short term lows, erupted higher and then reversed lower again.