Forex Daily Forecast, Analysis and Prediction

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of January 31, 2021 here.

Start the week of January 31, 2022 with our Forex forecast focusing on major currency pairs here.

The British pound has broken down rather significantly on Thursday as we continue to see a lot of US dollar strength based upon “risk off” trading in general.

The Euro has broken down rather significantly during the course of the trading session on Thursday as we continue to see a lot of negativity out there.

The German index went back and forth on Thursday as we continue to see a lot of concerns and misunderstanding about risk appetite at the moment.

The S&P 500 has been very indecisive on Thursday, as we continue to see a lot of noisy behavior, and of course respect of the 200 day EMA.

The NASDAQ 100 has gone back and forth on Thursday as we continue to see a lot of noisy behavior, and therefore what we would consider to be unstable.

Ripple has gone back and forth during the course of the trading session on Thursday.

The WTI Crude Oil market initially tried to rally on Thursday but gave back quite a bit of the gains to in the day essentially unchanged.

Bitcoin went back and forth during the course of the trading session on Thursday as we continue to see a lot of noisy behavior.

Gold markets gapped lower to kick off the trading session on Thursday to show a massive amount of negative pressure.

Ethereum has gone back and forth during the course of the trading session on Thursday to show a little bit of hesitation.

The Dow Jones Industrial Average closed lower in its recent trading at the intraday levels to record losses in trading on Tuesday.

The Turkish lira declined during early trading on Thursday to complete the decline yesterday, as investors followed a report from the Federal Reserve.

Natural gas prices rose during recent trading at the intraday levels to achieve daily gains by 2.56%.