Forex Daily Forecast, Analysis and Prediction

During Thursday's trading session, the AUD/USD experienced a slight drop, as the 0.67 level is considered a potential support level in the market.

The TRY/USD stabilized during early trading on Thursday morning.

Spot natural gas prices (CFDS ON NATURAL GAS) stabilized on the rise during its early trading on Thursday, recording slight daily losses until the moment of writing this report, at a rate of -1.61%.

The Dow Jones Industrial Average rose slightly during its recent trading on intraday levels, to achieve almost negligible gains in its last session by 0.02%.

The USD/SGD has turned in a mixed bag of results the past day of trading, and the nervous behavioral sentiment in Forex may provide speculators with intriguing short-term technical opportunities.

The euro was clearly outperforming at the start of the new month as it responded to another higher jump in German bond yields as investors reacted to the surprisingly strong inflation readings.

For two days in a row, the price of XAU/USD gold tried to rebound to the upside and recover from the strong and sharp selling operations.

Any attempt by the GBP/USD pair to recover upwards would be subject to a quick sale this week.

The USD/CHF has pulled back a bit during the trading session on Wednesday, as the 200-Day EMA sits just above.

The US dollar made an attempt to rally during Wednesday's trading session but quickly gave back its gains.

During Wednesday's trading session, the S&P 500 attempted to rally but quickly gave up its gains due to the prevailing negativity in the market.

For four trading sessions in a row, every time the bulls try to push the USD/JPY currency pair to cross the resistance barrier at 136.92, its highest in two months, it is exposed to profit-taking sales.

During Wednesday's trading session, the West Texas Intermediate Crude Oil market initially experienced a slight surge.

During Wednesday's trading session, the GBP/JPY showed a lot of volatility and noisy behavior.

During Wednesday's trading session, silver attempted to rally and demonstrate strength following a bullish session on Tuesday.