Forex Daily Forecast, Analysis and Prediction

For two weeks in a row, the USD/JPY currency pair is exposed to profit-taking operations with losses to the 127.02 support level, the lowest in nearly a month.

For five trading sessions in a row, the price of the GBP/USD currency pair is moving amid upward momentum, with gains to the resistance level at 1.2553 at the time of writing

The Dow Jones Industrial Average closed with slight gains during its recent trading at the intraday levels, to achieve small gains in its last sessions, by 0.03%, to add to it about 8.77 points only.

Spot natural gas prices (CFDS ON NATURAL GAS) stabilized in their recent trading at the intraday levels, to achieve slight daily gains until the moment of writing this report, by 0.80%.

The price is looking likely to reach $1.2624.

DOGE/USD has produced a powerful dose of consolidation the past five days of trading, as it has essentially lingered within the 8 cents framework.

SOL/USD occupies the lower realms of its value range still, and has even produced a slight incremental climb higher in the past day which may attract thrill seekers.

The US dollar initially pulled back a bit on Friday but then turned around to show signs of life again near the 1.28 level.

Gold markets went back and forth on Friday as we continue to see a lot of noise in the markets.

The Australian dollar initially tried to rally on Friday but gave back gains rather quickly.

The S&P 500 initially rallied during the futures markets but fell apart quite rapidly.

The West Texas Intermediate Crude Oil market initially pulled back a bit on Friday but then found buyers again to break above the $110 level.

The British pound did very little on Friday as we continue to pay close attention to the 1.25 handle.

The euro initially tried to rally on Friday but gave back gains to show signs of hesitation.

The Bitcoin market dropped a bit on Thursday as we continue to hang around the $30,000 level.