Forex Daily Forecast, Analysis and Prediction

USD/INR: Complex Suspicious Price Movement Raise Questions

USD/ZAR: Another Move Lower after Momentum Gained Velocity

We are in the midst of earnings season, and this has a major influence on what happens with stocks.

The NASDAQ 100 has been very bullish the entire year, but at this point, the index is up about 40%.

Over the last several weeks, the West Texas Intermediate Crude Oil market has rallied rather significantly during the month of July

It’s always a bit difficult to get a gauge on emerging market currencies, but it should be noted that the Mexican peso is primed to continue seeing gains

August should be a very noisy month for the gold markets, as traders try to figure out what to do.

The Bank of Japan decided to keep the country's benchmark interest rate unchanged at -0.1% in line with expectations.

Despite the strength of the US dollar after investors and markets absorbed the update of monetary policy decisions of the US Federal Reserve last week, in addition to a package of influential US economic releases.

At the end of last week's trading, the GBP/USD exchange rate stopped its sharp losses, which reached the support level of 1.2763, with an attempt to rebound upwards.

Last week's exciting trading was generally bearish for the performance of the price of the EUR/USD currency pair.

The USD/ZAR is trading near the 17.68000 level as of this writing with fast price action being demonstrated.

The TRY/USD maintained its stability during the early trading this morning.

The bearish momentum of the USD/MXN served another reminder to all traders late last week.

My previous BTC/USD signal last Thursday was not triggered as there was no bullish price action when the key support level at $29,344 was first reached that day.