Forex Daily Forecast, Analysis and Prediction

The natural gas markets look pretty good, but I would be a bit cautious about the overall directionality and trend of the market.

The AUD/USD pair rose to 0.6800, its highest level since January.

I continue to see that the GBP/CHF pair is likely to continue to see buyers coming into the market.

It’s obvious that the CAD/JPY pair are approaching a major support level.

It’s easy to see that the Australian Stock Exchange 200 has shown itself to be extraordinarily bullish over the last several days.

It’s obvious that the US dollar continues to see a little bit of negative pressure.

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Following the long holiday weekend in the U.S, speculators returned to the WTI Crude Oil market and trading incrementally produced lower prices starting last Monday.

Political intrigue has been a strong discussion point among many analysts regarding the outlook for the EUR/USD.

Bitcoin holds $56.5K, Silver near $31, DAX targets €19K, EUR/USD strong at 1.09, S&P 500 above 5600, and more insights.

In my daily USD/SEK analysis, it’s easy to see that the market has been very volatile, as we initially plunged during the trading session, only to turn around and show signs of life

In my daily analysis of the AUD/JPY currency pair, I can see that this asset has been completely wiped out for the session, which makes sense considering that the Bank of Japan has admitted to intervening.

In my daily analysis of the USD/SGD pair, I noticed that we have broken down below the 1.3450 level, which of course is a large significant support level, which we have seen a lot of buyers at previously.

In my daily euro analysis, it's easy to see that the 1.09 level continues to be a massive barrier in this market as we slammed directly into it, only to give up the gains at this point in time.

The US dollar was hammered during the trading session on Thursday as I continue to look at this pair during my daily USD/CNH analysis.