Forex Daily Forecast, Analysis and Prediction

The Dow Jones Industrial Average rose sharply during its recent trading on intraday levels, to achieve gains for the second day in a row, by 1.60%.

Spot natural gas prices fell during their early trading on Thursday, to record daily losses until the moment of writing this report by -0.24%.

The TRY/USD has stabilized, as the lira has become trading in real isolation from economic data on the ground.

The USD/SGD is trading near the 1.34824 juncture as of this writing with polite price action being displayed for wagering considerations.

The NZD/USD currency pair is trading near the 0.63100 ratio as of this writing.

The West Texas Intermediate Crude Oil market has rallied quite nicely during the trading session on Wednesday, as we continue to see a bit of a recovery in the oil market.

The USD/ZAR dropped a bit during the trading session on Wednesday, but quite frankly we are still in the same region that we have been in for a while.

The S&P 500 bounced a bit during the trading session on Wednesday, to reach the 50-Day EMA.

The NASDAQ 100 rallied a bit during the trading session on Wednesday, as the market had gotten a bit oversold.

The AUD/JPY rallied a bit during the trading session on Wednesday, as we are trying to recover from the massive selloff in all of the yen-related pairs.

The USD/CAD has done very little during the trading session on Wednesday, as we continue to hang around the 1.36 level.

The USD/JPY stabilized a bit against the Japanese yen during trading on Wednesday, after the shock announcement on Tuesday.

Gold markets initially tried to rally during the day on Wednesday but came back enough of the gain to show signs of hesitation.

The EUR/USD has rallied a bit during the trading session early on Wednesday but continues to show signs of exhaustion every time we try to break significantly above the 1.06 level.

The AUD/USD has gone back and forth during the trading session on Wednesday, as we continue to hang around the 50-Day EMA.