Forex Daily Forecast, Analysis and Prediction

The USD/ILS has entered today’s trading within the grasp of near-term highs and although there is a holiday in Israel, traders of the currency pair need to be

Gold prices extended their gains and hovered near record highs as safe-haven demand for the precious metal increased.

The Japanese yen fell below 153 yen against the US dollar on Wednesday, hitting its lowest level in nearly three months.

Despite the continued decline in the GBP/USD pair, which has reached its lowest level in over two months at 1.2907, the British pound may benefit from

The downward trajectory of the euro against the US dollar currency pair EUR/USD is stronger, pushing the most popular currency pair in the forex market towards

The euro has exploded to the upside against the Japanese yen, which does make a certain amount of sense considering that the Japanese yen is taking quite a beating during the trading session.

The US dollar has been fairly quiet against the Indian rupee during the trading session on Thursday, mimicking the action of the last several days.

The S&P 500 has pulled back again during trading on Wednesday as we continue to flounder near the highs.

The British pound continues to fall against the US dollar.

The Euro was fairly noisy during the early hours on Wednesday as we continue to dance around just below the 1.08 level.

My daily analysis of the NZD/USD pair on Wednesday, the first thing I notice is that we are reaching the 0.60 level underneath, which is a large, round, psychologically significant figure.

In my daily analysis of the JPY-related pairs, the AUD/JPY pair has caught my attention as it is a pair that is highly sensitive to risk appetite, and of course the Bank of Japan itself.

In my daily analysis of the EUR/CHF pair, a pair that I watch quite often to get an idea as to what risk appetite is doing, I noticed that the euro is in fact trying to bounce from the crucial 0.83 level.

In my daily analysis of the natural gas market and the commodity markets on the whole, the first thing I see is that it looks like we are at least trying to turn things around.

In my daily analysis of the USD/CAD pair, the US dollar continues to show its strength, as we are certainly overextended, but recently had seen a little bit of consolidation.