Forex Daily Forecast, Analysis and Prediction

The silver markets should continue to be very volatile into the month of September, because there are a massive amount of reasons why this market is moving at the same time.

Gold markets have been rather choppy during the month of August, but that should not be a surprise given a couple of different factors.

USD/PKR: Pakistani Rupee Perched Against Tricky Resistance

WTI Crude Oil: Risk Appetite Creating Robust & Healthy Consolidation

EUR/USD: Euro’s Past Two Weeks Likely Not the New Normal

NASDAQ: Traders May Consider Riding Speculative Wave Longer

S&P 500: Record Territory Raises Optimistic Looks & Concerns

While the thirty components of the DAX 30 source more revenues from outside Germany, the global GDP outlook remains depressed.

With the US Federal Reserve indirectly confirming its weak US Dollar policy, the USD/ZAR was rejected by its downward adjusted short-term resistance zone.

The Euro went back and forth during the trading session on Thursday as Jerome Powell finally had his speech from the Jackson Hole symposium.

The US dollar has initially fallen during the trading session on Thursday, perhaps in anticipation of Jerome Powell speaking but the markets were hugely disappointed

The NASDAQ 100 has gone back and forth during the trading session on Thursday, as we are fighting with the 12,000 level.

The Australian dollar has rallied a bit during the trading session on Thursday but gave back a bit of the gains.

The S&P 500 has gone back and forth during the trading session on Thursday as we had been waiting for the Jerome Powell speech.

The British pound rallied quite significantly during the trading session on Thursday, heading into the Jerome Powell speech.