Forex Daily Forecast, Analysis and Prediction

The S&P 500 pulled back during the trading session on Friday, which was due to “quad witching” in the United States, meaning that four different options classes expired on the same day, so mass chaos was of course going to be a major issue.

The NASDAQ 100 pulled back a bit during the trading session on Friday as we are going through “quad witching”, which is when four different options markets expire at the same time.

Bitcoin is trading into all-time high prices near $25k.

Trade deal and coronavirus fears lead to bearish sentiment.

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The NASDAQ 100 has rallied significantly again during the trading session on Thursday in what looks to be like a never ending pursuit of the stratosphere.

The S&P 500 has broken higher during the trading session on Thursday, reaching above the 3700 level.

The Australian dollar has rallied again during the trading session on Thursday, as the US dollar has gotten hammered.

Bitcoin shot straight up in the air during the trading session on Thursday, as we continue to see the US dollar get hammered.

The US dollar has gone back and forth against the Indian rupee over the last week or so, as we hover around the ₹73.51 level.

The Euro exploded to the upside during the trading session on Thursday, as we continue to see the US dollar get battered on stimulus hopes.

The British pound broke to the upside during the trading session on Thursday, breaking above the 1.35 handle as we continue to get somewhat positive comments

The German index has rallied again for the third day in a row on Thursday, as it looks like we are ready to go higher.