Forex Daily Forecast, Analysis and Prediction

My previous signal last Monday was not triggered, as there was no bearish price action the first time the price reached the resistance level which I had identified at 0.6884 that day.

The S&P 500 has previously bounced quite nicely, but it’s obvious that the last couple of weeks of August has seen quite a bit of selling pressure.

The NASDAQ 100 has fallen quite significantly from the 50 Week EMA near the 13,500 level.

Oil markets have rallied during the last couple of weeks in August, breaking the bank of a “falling wedge.

The EUR/USD has been pummeled for the last several months, and the month of August has seen a run down to the parity level again.

The British pound has been shellacked during the month of August, and I suspect that we are getting ready to have a short-term bounce.

September is going to be a huge month for the gold market, because there will be an increase in volume

The EUR/USD reached its lowest levels in the long term last week and will face a battle to hold above a level close to technical support around 0.9911 on the charts in the coming days.

The yellow metal is still trading at its worst level in more than a month after its meteoric rise.

The price of the USD/JPY currency pair is still maintaining its bullish momentum until the US job numbers are announced at the end of the week.

The price of GBP/USD fell to a new low after the pandemic with the beginning of trading this week.

The Turkish lira has stabilized against the dollar at the same levels it is trading at during the current month.

The Dow Jones Industrial Average continued its decline in its recent trading at the intraday levels.

Natural gas prices (CFDS ON NATURAL GAS) declined in the recent trading at the intraday levels.

The GBP/USD exchange rate crashed to the lowest point in more than two years after the strong economic data from the United States.