Forex Daily Forecast, Analysis and Prediction

Gold and silver futures continued their record gains this week, supported by expectations of Federal Reserve policy and strong investor and retail demand.

The British pound has been somewhat noisy during the trading session, as we initially dropped to, only to turn around and show signs of life again.

The New Zealand Dollar gained earlier today on a more hawkish RBNZ, but the Kiwi has since given up much of its earlier gains.

The US dollar continues to be somewhat noisy in general and against certain currencies like their Norwegian krone.

USD/RUB falls below 89.00, reverses to 90.16 after Yellen's warning.

The US dollar has exploded to the upside against the Canadian dollar on Tuesday, as we are now well above the 50 day EMA.

Most financial institutions were not surprised this morning by the Reserve Bank of New Zealand’s decision to keep their Official Cash Rate in place.

The Dax initially pulled back a bit during the trading session on Tuesday. As it looks like we continued to threaten the €18,600 level.

Silver has been very noisy during the trading session here on Tuesday. Yet again we continue to see a lot of questions asked about the market in general.

Pound rising on lower-than-expected inflation data.

The US dollar bounced a bit during the early hours on Tuesday, as the 10.65 SEK level continues to offer a certain amount of support.

The US dollar fell a bit during the trading session on Tuesday, as we broke down toward the ₹83.20 level again.

The US dollar initially fell during trading on Tuesday only to turn around and show signs of life again against the Mexican peso.

The US dollar has initially fell during the trading session on Tuesday to test the crucial 50-Day EMA.

The Euro rallied a bit during the trading session on Tuesday, as we continue to see a case being made for support.