Forex Daily Forecast, Analysis and Prediction

The US dollar has fallen a bit against the Indian rupee during trading on Thursday but has found a bit of buying just below the ₹76 level.

The US dollar has fallen again during the trading session on Thursday against the Mexican peso, as we have reached the 200 Day EMA.

The NASDAQ 100 initially pulled back during the trading session on Thursday but then turned around to rally and a break above the 14,000 level.

The S&P 500 initially fell during trading on Thursday but then turned around to rally towards the 200 Day EMA.

The Euro has rallied rather significantly during the trading session on Thursday to reach towards the 1.11 handle.

The gold markets have rallied rather significantly during the trading session on Thursday as we gapped higher and then went looking to reach the $1950 level.

Bitcoin has pulled back slightly during the trading session on Thursday as we got fairly close to the 50 Day EMA.

The DAX has initially tried to rally during the trading session on Thursday but has found the €14,500 level to be difficult to overcome.

Ethereum has rallied a bit during the trading session on Thursday to reach a minor downtrend line.

The solid bullish trend in the USD/JPY has continued to produce gains.

SHIB/USD traded towards important resistance in late trading yesterday only to be pushed back downwards.

The story with Bitcoin now is one of consolidation: zooming out to a daily chart shows that the price is within a narrowing triangle pattern.

The Euro initially rallied during the trading session on Wednesday, but then pulled back a bit from the highs.

The British pound has rallied a bit during the course of the trading session on Wednesday to reach towards the 1.31 handle.

The WTI Crude Oil market initially tried to rally but gave back gains as the $100 level has offered far too much in the way of resistance.