Forex Daily Forecast, Analysis and Prediction

The S&P 500 initially tried to rally during the trading session on Thursday but could not hang onto gains.

The natural gas markets initially tried to rally during the trading session on Thursday but rolled over during the day to show even further weakness.

The Australian dollar has fallen again during the trading session on Thursday, as we continue to see a lot of volatility when it comes to the antipode currencies.

The WTI Crude Oil market struggled a bit during the trading session on Thursday after initially trying to rally.

The NASDAQ 100 has tried to rally during the trading session on Thursday but then gave back quite a bit of the gains.

Gold markets had a rather noisy day during the trading session on Thursday as the ECB had an interest rate decision and of course press conference following that decision.

The Euro went all over the place during the day on Thursday as we have the ECB monetary policy statement and of course the press conference afterwards to think about.

The British pound initially rallied during the trading session on Thursday to reach above the 1.25 level initially, but then broke down rather significantly.

Boris Johnson officially became Britain's prime minister, and in his first important remarks he said he could conclude a new agreement with the EU and that he would work on all the promises on the Brexit before the October 31 deadline.

The EUR / USD is settling down around 2-month low, reaching to 1.1130 support at the time of writing.

For four consecutive trading sessions, the price of gold is settled in the range between the $1414 support and the $1430 resistance, the price settled around $1424 at the time of writing.

For three consecutive trading sessions, the USD / JPY pair is trading at the 108.28 resistance level, with little change.

NZDUSD: Bearish below 0.6718

AUDUSD: Bearish reversal continues

USDJPY: Bulls still failing to push price higher