Forex Daily Forecast, Analysis and Prediction

The Dax fell initially during the trading session on Thursday. A you can see, the €18,000 level seemed to be offering significant support.

Silver continues to hang around near the highs as the market has seen an inordinate amount of bullish pressure.

Bitcoin rallied slightly during the trading session here on Thursday as we continue to see a lot of upward momentum.

The Nasdaq 100 initially fell during the trading session on Thursday, but then turned around to show signs of strength just above the 50 day EMA.

The pair rose in early trading today. The dollar rose for the sixth consecutive day, albeit at a slow pace.

Stronger-than-expected US inflation figures and signals of continued tightening of US central bank policy helped bears drive the EUR/USD currency pair towards the 1.0726 support level in Thursday's trading ahead of the European Central Bank's announcement.

The pound sterling fell as traders flocked to the US dollar amid falling expectations of US rate cuts.

The US dollar index rose sharply, driven by a stronger-than-expected US CPI report, which signaled that the Federal Reserve will not be in a hurry to cut US interest rates in the coming months.

The Japanese yen continued to plummet to as low as 153.23 against the US dollar, its lowest level in 34 years, after data showed US inflation rose more than expected.

Cocoa has gained once again and as of this writing is near the 10,414.0 mark.

The USD/PKR has been moving at a snail’s pace this week.

The Parisian market felt rather significantly during the course of the trading session on Wednesday.

The US dollar initially fell against the Mexican peso during the trading session on Wednesday.

The silver market has been all over the place during the course of the trading session on Thursday.

The euro initially felt during the course of the early hours on Wednesday but turned around the show selling strength again against the British pound.