Forex Daily Forecast, Analysis and Prediction

After being sold off for four trading sessions in a row, the GBP/USD pair reached the support level of 1.3532 after its recent gains had pushed it towards the resistance level at 1.3703.

The USD/JPY pair tried to rebound upward during the last trading session, but the bounce's gains did not exceed the 104.10 resistance level, and the pair stabilized near it.

The USD/MXN has demonstrated an ability to puncture resistance levels the past few days of trading.

The USD/PKR is a speculative delight for traders who like the potential of volatility.

The past week of trading in the USD/INR has seen a clear bullish trend develop, and traders who have been pursuing lower values may have to reevaluate their thinking short term.

Speculators who have been indulging in the long-term bearish trend of the USD/SGD may be hearing warning bells ringing.

The US dollar rallied during the trading session on Friday, reaching towards the 15.50 rand level.

The euro got hammered during the trading session again on Friday, just as it did on Thursday.

The British pound initially tried to rally during the trading session on Friday, but after the non-farm payroll numbers came out, fell in a “risk-off” type of move.

The NASDAQ 100 has broken above the 13,000 level, in a rather strong move late in the day.

The S&P 500 was choppy during the trading session on Friday as we bounced around due to the non-farm payroll announcement.

Bitcoin had a wild ride with high volatility.

The gold markets broke down significantly during the course of the trading session on Friday, slicing through the 50-day EMA.

The Australian dollar pulled back a bit from the 0.78 level, but now looks likely to go lower to find value.

Bitcoin markets had a wild ride during the trading session on Friday again, as we try to figure out what to do with the $40,000 range.