Forex Daily Forecast, Analysis and Prediction

Bitcoin price continued its strong comeback on Wednesday as the recent rally accelerated.

The AUD/USD pair suffered a harsh reversal in the overnight session as traders waited for the upcoming Australian jobs data.

The USD/SGD has produced a solid bearish trend.

Nervousness regarding the Brazilian Real continues to be seen via the speculative price action of technical charts which reflects the behavioral sentiment of financial institutions.

According to recent trades, the British pound reached its highest level in a year against the US dollar after rising 1.35% last week.

The USD/JPY is expected to remain on its current downward trajectory pending the reaction to the announcement of US inflation figures.

For four consecutive trading sessions, the price of gold has been in an upward rebound.

The EUR/USD reached its highest level in five weeks last Friday, but there is potential for a consolidated pullback in the next five days.

It’s becoming increasingly obvious to me that the 1.34 level is an area that’s going to be very important when it comes to the Singapore dollar.

It’s clear that the EUR/CAD pair is threatening a major break out at this point in time.

I recognize that during the trading session on Monday, we have seen the Japanese yen strengthen against multiple currencies, including the Canadian dollar.

The natural gas markets fell a bit during the course of the early hours on Monday, testing the $2.25 level.

Most indices around the world have been fairly positive, but it’s hard not to notice that the ASX 200 may have gotten a little bit of a stretch.

The New Zealand dollar has fallen a bit during the trading session on Monday, as we continue to see a lot of noisy behavior.

It's easy to see that the market is going to continue to be very noisy but very bullish.