Forex Daily Forecast, Analysis and Prediction

The DAX Index rallied initially during the course of the trading session on Friday, before turning around to form a shooting star.

The West Texas Intermediate crude oil market rallied a bit during the trading session on Friday after the non-farm payroll numbers came out.

U.S. dollar bounces back against other major currencies.

The GBP/USD pair is under intense pressure as the number of coronavirus cases in the United Kingdom (UK) and China continue to rise.

The AUD/USD pair retreated in early trading even after some encouraging data from Australia and China.

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The Euro had initially tried to rally during the trading session on Thursday but has given back the gains as the 1.23 level offers resistance yet again.

The S&P 500 has rallied a bit during the trading session on Thursday to reach towards the 3800 level.

The US dollar has rallied against the South African Rand over the last three days, ripping apart short-sellers, and catching quite a few traders by surprise.

The British pound has gone back and forth during the trading session on Thursday, as we continue to hang around the 1.36 region.

The NASDAQ 100 has had a good session on Thursday, as we continue to see bullish pressure.

The German index had a strong showing on Thursday as we have broken above the previous highs

The Bitcoin market has rallied again during the trading session on Thursday, reaching the milestone of hitting $40,000.