Forex Daily Forecast, Analysis and Prediction

Risky assets are rising quietly against the US Dollar today.

The Dow Jones Industrial Average fell in its recent trading on intraday levels, recording losses in its last session by -0.61%, to lose about -207.68 points.

Spot natural gas prices (CFDS ON NATURAL GAS) fell during their early trading on Thursday, to record new daily losses until the moment of writing this report, by -1.60%.

The price of the TRY/USD stabilized amid the almost complete absence of any talk or economic data in the wake of the massive earthquake that struck the country.

There is little change in the performance of the euro currency pair against the US dollar EUR/USD amid a week of quiet trading dominated by the bears.

For three trading sessions in a row, the price of gold XAU/USD is trying to compensate for its recent sharp losses

For the fourth day in a row, the bulls are trying to control the performance of the USD/JPY currency pair.

Gold has incrementally climbed from its lows displayed this past Friday and this Monday as choppy trading suggests support may be durable.

For two days in a row, the price of the GBP/USD currency pair is trying to rebound upwards,

The West Texas Intermediate Crude Oil market has rallied a bit during the session again on Wednesday, as it looks like we are trying to threaten the 50-Day EMA.

The US dollar has rallied slightly during the trading session on Wednesday, as we continue to try to find our footing against the Japanese yen.

The USD/ZAR has rallied a bit during the trading session on Wednesday, as we are breaking above the 17.75 Rand level.

The British pound has rallied slightly during the trading session on Wednesday, breaking above the top of the indecision candle on Tuesday.

The S&P 500 has pulled back just a bit during the trading session on Wednesday, as we continue to consolidate overall.

Silver has bounced a bit during the trading session on Wednesday, as we have bounced from the crucial 200-Day EMA.