Forex Daily Forecast, Analysis and Prediction

It's easy to see that the Aussie dollar has been very strong.

The GBP/USD pair continued its strong rally this week after the strong UK GDP data and the weak US inflation numbers.

The EUR/USD pair rose to an important resistance level as focus now shifts to this week’s European Central Bank (ECB) decision.

The natural gas markets look pretty good, but I would be a bit cautious about the overall directionality and trend of the market.

The AUD/USD pair rose to 0.6800, its highest level since January.

I continue to see that the GBP/CHF pair is likely to continue to see buyers coming into the market.

It’s obvious that the CAD/JPY pair are approaching a major support level.

It’s easy to see that the Australian Stock Exchange 200 has shown itself to be extraordinarily bullish over the last several days.

It’s obvious that the US dollar continues to see a little bit of negative pressure.

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Following the long holiday weekend in the U.S, speculators returned to the WTI Crude Oil market and trading incrementally produced lower prices starting last Monday.

Political intrigue has been a strong discussion point among many analysts regarding the outlook for the EUR/USD.

Bitcoin holds $56.5K, Silver near $31, DAX targets €19K, EUR/USD strong at 1.09, S&P 500 above 5600, and more insights.

In my daily USD/SEK analysis, it’s easy to see that the market has been very volatile, as we initially plunged during the trading session, only to turn around and show signs of life

In my daily analysis of the AUD/JPY currency pair, I can see that this asset has been completely wiped out for the session, which makes sense considering that the Bank of Japan has admitted to intervening.