Forex Daily Forecast, Analysis and Prediction

The EUR/USD will be a bit volatile on Wednesday and Thursday as traders react to important events from the US and Europe.

The AUD/USD pair was flat on Wednesday morning as the market waited for important economic numbers from the United States, Australia, and China.

At the beginning of this week, the price of the EUR/USD pair stabilizes in a narrow range between the level of 1.0698 and the level of 1.0759

With a temporary halt to the gains of the American dollar, the price of gold XAU/USD tried to rebound upwards,

With the yen performing as one of the worst performing currencies in the world, could this change things?

At the beginning of trading, the exchange rate of the GBP/USD currency pair was moving in a narrow range with its downward slope between the 1.2460 support level.

The USD/SGD produced a solid reversal lower yesterday, but early trading today has been sideways as cautious sentiment continues to be demonstrated in global markets.

The USD/CAD is trading near the 1.358000 mark as of this writing, after opening yesterday’s market session around the 1.36400 level.

Bank of Japan Gov. Ureda spoke over the weekend to the Japanese press suggesting that perhaps the Bank of Japan could be able to raise rates by the end of the year if employment figures continue to behave the way they are.

Monday's trading session witnessed natural gas markets stabilizing, leaving traders contemplating the path forward.

The gold market recently experienced a modest boost on Monday, yet the future remains shrouded in uncertainty.

The yen-related pairs all gapped lower to kick off the trading week, and of course, the GBP/JPY pair was no different.

Last Monday, concerns regarding the euro's stability took the spotlight.

Pivotal support level at $1.0719.

The S&P 500 bounced from the 50-Day EMA during the trading session on Monday, showing signs of life, and therefore I do think that Wall Street is coming back to try to pick up a bit of value.