Forex Daily Forecast, Analysis and Prediction

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of September 8, 2019 here.

Start the new trading week of September 9, 2019 prepared with our Forex forecast for major currency pairs here!

The NASDAQ 100 rallied rather significantly during the trading session on Thursday, with reactions to the Americans and the Chinese meeting again.

The S&P 500 has broken out during the trading session on Thursday, clearing the 2950 level.

The Euro shot higher during the trading session on Thursday, reaching towards the 1.11 EUR level before rolling over again.

Granted, the British pound has taken off during the last couple of sessions after initially breaking through the 1.20 GBP level.

The US dollar has rallied significantly during the trading session on Thursday, reaching above the 50 day EMA before pulling back a bit at the end of the New York session.

The Australian dollar rallied a bit during the trading session on Thursday, reaching towards the 50 day EMA which is rapidly reaching towards the market itself.

Natural gas markets have gone back and forth during the session on Thursday as we are starting to reach highs again.

Bitcoin markets continue to calm down, but this is a good sign as the market will continue to go back and forth in the huge orange box that I have marked on the chart.

The West Texas Intermediate Crude Oil market has struggled to hang onto gains during the trading session on Thursday, as we got a better than anticipated inventory figure, but have also failed at the downtrend line that has been so prevalent in this market.

Gold markets broke down rather significantly during the trading session on Thursday as we continue to see a lot of volatility around the world.

NZDUSD: Bullish break above bearish price channel advances

AUDUSD: Aussie goes marching on

USDJPY: More bullish but 106.73 still holds