Forex Daily Forecast, Analysis and Prediction

Silver rallied slightly during the early hours on Wednesday as we continue to see a lot of volatility in this market.

Gold markets rallied a bit during the early hours on Wednesday.

The euro fell significantly during the early hours on Wednesday, reaching down toward the 0.85 GBP level.

GBP/USD reached a 12-week high in recent trading, extending gains to the 1.2817 resistance level before settling around 1.2775 at the time of writing.

Since the start of this week's trading, the USD/JPY exchange rate has been subject to selling operations that pushed it towards the support level of 154.54 at the time of writing the lowest analysis in two weeks.

EUR/USD remains steady near its highest level in ten weeks around the 1.0900 resistance level.

Gold futures fell as financial markets digested the latest jobs data and witnessed a rebound in the US dollar.

The British pound has fallen rather drastically against the Swiss franc as we are seeing a run to safety during the session on Tuesday.

The Aussie dollar fell during the trading session on Tuesday as we just continue to chop around and do as much damage as possible to trading accounts around the world.

The USD/RUB is near the 88.8680 mark as of this writing, the currency pair however has flirted with the 88.5000 level a little while ago this morning.

The NZD/USD stumbled in early trading yesterday.

The US dollar has shot straight up in the air against the Mexican peso.

The Swiss franc against the Japanese yen is a very interesting pair. It is a measure of extreme weakness with both currencies.

he British pound has fallen rather significantly to kick off the trading session on Tuesday but has turned around to show signs of life.

The DAX had initially fallen during the trading session on Tuesday, but it does look like the 50-day EMA is trying to hold things together.