Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 has tried to rally during the trading session on Thursday but gave back the gains to show weakness yet again.

The Euro has fallen again during the trading session on Thursday, as the 1.16 level has been sliced through.

The British pound has rallied initially during the trading session on Thursday to reach towards the 1.35 handle.

The US Congress looks very likely to see a bit of a continuing resolution being signed, suggesting that the United States government is not going to shut down.

The US dollar pulled back just a bit during the course of the trading session but then turned around to show signs of life again against the Indian rupee.

The West Texas Intermediate Crude Oil market has initially pulled back on Thursday, but then turned around quite drastically to threaten the highs again.

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The EUR/USD has seen its bearish trend grow stronger in the past week and yesterday’s burst of selling has taken the Forex pair to important lows.

The USD/JPY has turned in a strong bullish surge the past week of trading and is now challenging long-term highs as traders contemplate the exuberant trend.

The USD/INR continued to climb upwards yesterday and experienced a surge in momentum when the Forex pair raced through the 74.0000 ratio.

ETH/USD has come off lows yesterday which tested the depths of its value realm, but a bounce higher since then has not changed nervous outlooks.