Forex Daily Forecast, Analysis and Prediction

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of April 11, 2022 here.

Start the week of April 11, 2022 with our Forex forecast focusing on major currency pairs here.

The US dollar has rallied significantly during the trading session on Thursday to continue the recovery against the Canadian dollar.

The West Texas Intermediate Crude Oil market initially rally during the trading session to retest the 50 Day EMA and of course the previous uptrend line.

Ethereum has pulled back a bit on Thursday but has found buyers by the end of the day to turn things around and form a bit of a hammer.

The Euro has rallied a bit during the trading session on Thursday but gave back the gains to form an inverted hammer.

ZCash has fallen initially during the trading session on Thursday to reach the $159.50 level before turning around and forming a bit of a hammer.

The British pound has gone back and forth on Thursday as we continue to test the support level underneath, in the form of the 1.30 handle.

The Bitcoin market fell initially during trading on Thursday to reach the $43,600 level.

The S&P 500 has saved itself late during the trading session on Thursday, as the fabled “Plunge Protection Team” enter the market.

The US dollar has been all over the place during the trading session on Thursday, as we initially fell, but then turned around to show signs of strength.

The US dollar initially fell against the Indian rupee during on Thursday but found support near the ₹75.50 level as we have seen multiple days in a row.

The Litecoin price has erased most of the gains it made in March as investors reflect on the hawkish Federal Reserve.

The BNB coin price is crawling back after it plummeted to the lowest point since April 1 during the overnight session.

The Turkish lira fell during the early trading of Thursday with the same weak pace that it continued to decline throughout the week.