Forex Daily Forecast, Analysis and Prediction

Bitcoin has had a rather quiet session on Thursday as we continue to hang around the crucial $40,000 level.

The US dollar has been back and forth against the Canadian dollar during the trading session on Thursday, as we continue to hang around the 1.35 level.

The S&P 500 rallied a bit early during the trading session here on Thursday, as we continue to see a lot of upward pressure.

The NASDAQ 100 rallied early during the trading session on Thursday again, as we continue to see a huge push higher.

Gold has initially fell a bit during the trading session here on Thursday, but then turned around to show signs of life again.

It looks to me like the crude oil market is starting to really take off and at this point you have to look at it through the prism of a short-term move to the 200-day EMA.

The Euro initially tried to rally during the session on Thursday but has given back the gains at least a bit.

Before wild bets on downside are placed by traders they should consider what they are up against today and tomorrow.

BTC/USD has come off lows and is now traversing slightly above the 40,000.00 USD level.

The general trend of the USD/JPY pair is still bullish.

The GBP demonstrates notable resilience against the recent strength of the US dollar.

The general trend of the EUR/USD pair is still bearish.

The recovery of the US dollar brought new selling pressure to the gold market.

It looks like the US dollar initially tried to rally against the Canadian dollar during the Wednesday session.

The natural gas markets rallied a little bit during the trading session on Wednesday.