Forex Daily Forecast, Analysis and Prediction

The GBP/JPY faced substantial selling pressure during Thursday's trading session, adding to the cacophony of recent market noise.

The world of crude oil trading witnessed a relatively calm Thursday session, with signs pointing to a looming shift in market dynamics.

The GBP/USD experienced some early-hour declines on Thursday, but it appears determined to cling to its overarching upward trajectory.

The AUD/USD has had its fair share of ups and downs in recent trading sessions, leaving many investors scratching their heads.

During this trading week the bears' control over the direction of the EUR/USD currency pair increased with losses reaching the 1.0702 support level.

The continuation of the gains of the American dollar brought more losses to the gold price XAU/USD reaching the support level of $1915 per ounce.

During trades this week the selling of the Japanese yen continued as the rising US dollar index (DXY) gained strength.

The pound sterling against the dollar (GBPUSD) fell to a new three-month low after investors were left with very few attractive alternatives to the US dollar.

The S&P 500 index experienced a slight dip during premarket trading on Wednesday, prompting questions about its future trajectory.

Silver is currently in a phase of selling, showing signs of a bid during Wednesday's trading session in early hours, only to drop again.

The natural gas market is showing signs of positivity during Wednesday's trading session, albeit with a sense of consolidation.

Gold has recently been experiencing some back-and-forth movements, leaving investors and traders in anticipation of its next move.

In the recent trading sessions, the euro exhibited some interesting price action.

The USD/TRY continued to rise slightly during early trading on Thursday morning.

The USD/TRY is trading near highs for the week, but its speculative environment has taken a careful tone as the Turkish Lira has developed measured moves.