Forex Daily Forecast, Analysis and Prediction

The US dollar has rallied a bit during the month of March against the Chinese Yuan. Get the forecast for April 2020 here.

The Australian dollar has been very bearish for a while, dropping all the way down to the 0.55 level.

The British pound has fallen rather hard during the month of March, as a complete “risk off” feel has enveloped most of the markets anyway.

The US dollar has been all over the place during the month of March, as traders are trying to figure out what to do about global growth and global risk appetite.

The Australian dollar has shot higher during the trading session on Thursday after initially falling.

The British pound initially pulled back during trading on Thursday but then shot through the 1.10 level to show signs of a trying to turn things around.

The Euro has rallied a bit during the trading session on Thursday, breaking above the 1.10 level.

The S&P 500 has initially pulled back during the trading session on Thursday but found enough support near the 2400 level to turn around and rally

The NASDAQ 100 initially pulled back during the trading session on Thursday only to turn around and show signs of strength yet again.

The Japanese yen strengthened significantly against the US dollar on Thursday, after seeing several hammers print in a row reaching towards the upside.

Following the initial meltdown, this cryptocurrency pair was able to recover into the top range of its short-term resistance zone.

Singapore delivered a massive second economic stimulus worth S$48 billion.

Silver markets went back and forth during the trading session on Thursday, showing signs of strength initially but then giving back the gains.

Gold markets have gone back and forth and choppy trading during the trading session on Thursday, as we try to figure out where we are going next.

The German index initially fell during the trading session on Thursday, reaching down towards the bottom of the candlestick from the Wednesday session.