Forex Daily Forecast, Analysis and Prediction

The dollar has rallied again against the Japanese yen and what would have been a very, very choppy market.

The euro initially tried to rally during the trading session.

At this point, it looks like the euro is doing everything it can to form some type of bottom against the New Zealand dollar.

Supportive confluence around $67,000.

The GBP/USD exchange rate was little changed on Monday.

The EUR/USD pair had a calm start of the month.

The AUD/USD pair was flat on Monday morning ahead of the important economic numbers from the United States and Australia.

The EUR/USD finished trading comfortably above the 1.08000 level this Friday, this as the currency pair and speculators await the European Central Bank’s rate

I will analyze fundamental factors, tendencies and technical positions in order to identify currency pairs that may give the easiest and most profitable trading.

WTI Crude Oil saw the 80.000 USD level penetrated upwards on Wednesday of last week, only to falter and then begin a rather steady push lower.

Get weekly forecasts for major currency pairs as well as charts here.

The British pound has fallen rather hard against the Swiss franc during early trading on Thursday as it seems like everybody is doing everything they can to panic in the early hours.

Gold markets initially plunged during the trading session on Thursday but have turned right back around to show signs of life as it looks like we are ready to go higher given enough time.

The Euro rallied just a bit during the trading session on Thursday, as we continue to pay close attention to the 0.85 level.

The natural gas markets initially tried to rally in the early hours on Thursday, but it looks like the $2.50 level will continue to be an area of extreme interest.