Forex Daily Forecast, Analysis and Prediction

The S&P 500 rallied significantly on Friday as we are continuing to see a lot of noisy behavior in this market, but a lot of chasing each dip that occurs.

The euro initially fell on Friday but turned around to recover again and reach towards 1.1350 level.

The British pound initially pulled back just a bit on Friday, but then shot higher to break above the 1.3250 level.

The EUR/USD held steady on Monday morning as the market reflected on the relatively strong US inflation data.

The AUD/USD pair is hovering near its highest level in two weeks as investors focus on the upcoming US retail sales data and the Federal Reserve decision.

The GBP/USD pair held steady on Monday morning as the market refocused on a relatively busy week.

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The natural gas markets have gone back and forth during the session on Thursday, hanging about the $3.80 level.

The WTI Crude Oil market has initially tried to rally on Thursday, only to break down rather significantly and show signs of extreme weakness.

The FTSE 100 tried to rally during the trading session on Thursday but continues to struggle near the all-time high.

The S&P 500 has pulled back during the trading session on Thursday to show signs of weakness at the 4700 level yet again.

The NASDAQ has broken down a bit during the trading session on Thursday to break towards the 16,150 level.

The Euro has fallen rather hard during the trading session on Thursday, wiping out most of the gains from Wednesday.