USD/TRY Forecast: Lira Weakens vs USD
The Turkish lira continues its decline against the USD, approaching 35.25 amid high inflation, reduced monetary support, and anticipation of Turkey's interest rate decision.
NASDAQ 100 Forex Signal: Absolutely Launches on Friday
During my daily analysis of the financial markets, the NASDAQ 100 has captured my attention more than just about anything else, because of the violent moves that it has made.
GBP/USD Analysis: Increasing Pressure Factors
GBP/USD remains bearish amid BoE rate policy uncertainty and dollar strength, with key support at 1.2475 and resistance at 1.2800 marking critical levels.
USD/JPY Forecast: US Dollar Falls Against Japanese Yen on Friday
The US dollar initially did try to rally during the trading session on Friday, but gave back the gains rather rapidly as the US dollar is certainly overbought at this point.
Silver Forecast: Bounces at Crucial 200 Day EMA
Dear my daily analysis of commodity markets, it’s worth noting that the silver market is currently bouncing near the 200 Day EMA indicator, which of course is a strong technical signal.