Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 initially fell during the course of the trading session on Thursday to break down below the 12,400 level.

The S&P 500 fell during the trading session on Thursday but turned around to recoup most of the losses.

Gold markets fluctuated during the trading session on Thursday but did not make a huge move.

The silver markets fluctuated during the trading session on Thursday as we continue to see a lot of back and forth.

The West Texas Intermediate Crude Oil market rallied during the trading session on Thursday in order to express its hope on more stimulus.

The US dollar rallied initially during the trading session on Thursday, reaching towards the 50-day EMA.

The Australian dollar rallied significantly during the trading session on Thursday to break above the 0.75 handle.

The AUD/USD continued to rise during early trading today, as analysts in international banks attributed the strength of the Australian dollar to the Reserve Bank of Australia's policy to reduce the interest rate, which is currently close to zero.

Gold prices returned to a sharp decline with losses that reached the support at $1825 an ounce before settling around $1835 an ounce at the time of writing.

Cautious anticipation amid pessimistic expectations regarding Brexit pervades the GBP/USD currency pair today.

For five trading sessions in a row, the EUR/USD pair has been subjected to profit-taking selling operations.

For three trading sessions in a row, the USD/JPY currency pair has been trying to correct upwards.

The EUR/JPY continues to challenge higher resistance levels.

The past five days of trading have begun to see a sustained value below the critical 20.00000 level for the USD/MXN.

The USD/INR remains within a rather steady price range, but late yesterday the Indian rupee displayed a sudden spike upwards which quickly reversed downwards.