Forex Daily Forecast, Analysis and Prediction

The AUD/USD is little changed today as the US bond yields drop and as traders wait for the latest Reserve Bank of Australia (RBA) minutes.

Several new resistance levels are keeping the price below $57,500.

The British pound showed bullish momentum during the Asian session.

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The Euro initially rallied during the trading session on Monday but then gave back the gains just below the one point to zero level to show signs of negativity.

The S&P 500 has rallied significantly during the course of the trading session on Thursday again, as the market has now broken above the 4150 handle.

The FTSE 100 rallied significantly during the trading session on Thursday to break above the 6900 level.

The British pound has tried to rally during the trading session on Thursday but continues to struggle with the 50 day EMA.

The German index rallied a bit during the course of the session for Thursday, as we are threatening the 15,300 level.

The Bitcoin market initially tried to rally during the course of the trading session on Thursday but gave back the gains to form a shooting star of sorts

The Australian dollar has rallied slightly during the trading session as we are looking towards the 0.78 level above.

The NASDAQ 100 has rallied a bit during the trading session on Thursday, reaching towards the 14,000 level.

Gold markets have broken significantly to the upside during the trading session on Thursday to break above the 50 day EMA and clear the $1750 level.