Forex Daily Forecast, Analysis and Prediction

For four trading sessions in a row, the price of the USD/JPY currency pair is moving amid bullish momentum.

We mentioned before that the sterling pound may remain supported in the future by the expectations of raising interest rates, and that the recent decline may be an opportunity to buy.

The euro tried to consolidate after European Central Bank President Christine Lagarde tried to calm market expectations of higher interest rates in the euro zone by appearing before EU lawmakers.

The price of the Turkish lira varied against the dollar during the early trading on Wednesday.

Yesterday, natural gas prices took some breaths after a series of big drops, with Nymex gas futures for March finally settling just 1.6 cents higher at $4,248.

The US dollar did rally just a bit against the Singapore dollar, but as you can see, we are sitting on top of major support.

The Dow Jones Industrial Average rose in its recent trading at the intraday levels, to achieve gains for the second session in a row, by 1.06%

ADA/USD reached a solid short-term high early yesterday, but then saw a reversal lower demonstrated which sets the table for an intriguing day ahead.

After producing another day of solid upwards momentum on Tuesday, ETH/USD ran into resistance and reversed slightly lower in the past half day of trading.

There is a lack of direction in this currency pair.

The euro fell a bit on Tuesday to test the 1.14 level before turning around and showing signs of life.

The West Texas Intermediate Crude Oil market sold off quite drastically on Tuesday as we plunged towards the $88.50 level.

Gold markets initially fell a bit on Tuesday but then turned around to show signs of strength again.

The Australian dollar initially pulled back on Thursday but then turned around to show signs of life again.

Ripple rallied rather significantly on Tuesday to slice through the 200-day EMA quite easily.