Forex Daily Forecast, Analysis and Prediction

Gold markets initially plunged during the trading session on Thursday but have turned right back around to show signs of life as it looks like we are ready to go higher given enough time.

The Euro rallied just a bit during the trading session on Thursday, as we continue to pay close attention to the 0.85 level.

The natural gas markets initially tried to rally in the early hours on Thursday, but it looks like the $2.50 level will continue to be an area of extreme interest.

The British pound has fallen rather hard during the early hours on Thursday against the Japanese yen as we continue to see a lot of volatility.

This is a market that a lot of you won't be paying attention to, but it is forming an interesting technical pattern that I think is worth talking about.

The euro has tried to rally a bit during the trading session on Thursday, but it still has a little bit of a headwind above it.

It's been the same story across the forex world today as the Swiss franc has strengthened quite drastically. But I look at this as a buying opportunity.

The Swiss franc has found itself strengthening against most things and the Canadian dollar won't be any different.

USD/INR: Tight Range Faltered but Technical Levels Dominate

EUR/USD: Sustained Bullish Move Maybe More Robust This Time

USD/ZAR: After a Solid Move Lower Impetus and Wagers Coming

The USD/TRY pair has maintained stability throughout this month's trading.

Since the beginning of today's trading session (Thursday), the USD/JPY exchange rate has been subjected to selling pressure.

GBP/USD is under profit-taking pressure for the second day in a row, retreating from its two-month high of $1.28 touched on May 27.

Before announcing important American economic data, EUR/USD has dipped to near the 1.08 support level again.