Forex Daily Forecast, Analysis and Prediction

The S&P 500 went back and forth during the trading session on Thursday, as we have stabilized near the 4650 handle.

The FTSE 100 has rallied significantly on Thursday, as the GDP numbers in the United Kingdom have come out lighter than anticipated.

For the second day in a row, the USD/JPY is trying to compensate for its recent sharp losses, which pushed it towards the 112.72 support level, its lowest in a month.

In its best daily performance in more than a month, the price of gold moved to the resistance level of $1868, a 5-month high, before settling around $1852 as of this writing.

Yesterday’s trading session was one of several catastrophic sessions for the GBP/USD since the Bank of England's announcement last week.

US inflation recorded a sharp jump that may force the US Federal Reserve to move faster than the markets expected, and the US dollar returned to steal more gains against the rest of the other major currencies.

BTC/USD made new record highs yesterday and remains within sight of these realms as speculators continue to pursue the cryptocurrency.

Gold provided a flourish of bullish momentum yesterday as it broke through important resistance and surged to mid-term highs leaving speculators with a decision to make today.

The price is trading at 1-year lows below $1.1500.

The DAX Index rallied a bit on Wednesday but gave back gains yet again as we have multiple days in a row.

The IBEX index initially rallied on Wednesday but has run into a bit of a headwind via the overall risk appetite globally.

The Bitcoin market went back and forth on Wednesday as it continues to try to make all-time highs.

The NASDAQ 100 sold off quite drastically on Wednesday as we pierced the 16,000 level.

The S&P 500 got crushed after the worst 30-year bond auction in history took the headlines in the United States.

Gold markets exploded to the upside on Wednesday to break through the significant $1835 level.