Forex Daily Forecast, Analysis and Prediction

Bitcoin markets initially pulled back towards the $40,000 level on Friday before bouncing and reaching towards the 50-day EMA.

The euro initially tried to rally on Friday to break above the crucial 1.11 level.

The West Texas Intermediate Crude Oil market rallied a bit on Friday but did stall a bit as we reached the end of the week.

The US dollar plunged on Friday to break below the 200-day EMA against the Canadian dollar.

The AUD/USD pair rose to the highest level since March 7th as investors predicted that the Reserve Bank of Australia (RBA) will also embrace a hawkish tone in the next few months.

The GBP/USD pair has crawled back in the past few days as investors react to the interest rate decisions by the Bank of England (BOE) and the Federal Reserve.

The BTC/USD pair has held steady in the past few days even after the Federal Reserve turned hawkish.

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Litecoin has rallied ever so slightly during the trading session on Thursday to show signs of life again, but not so much in the way of momentum.

The US dollar has fallen a bit against the Indian rupee during trading on Thursday but has found a bit of buying just below the ₹76 level.

The US dollar has fallen again during the trading session on Thursday against the Mexican peso, as we have reached the 200 Day EMA.

The NASDAQ 100 initially pulled back during the trading session on Thursday but then turned around to rally and a break above the 14,000 level.

The S&P 500 initially fell during trading on Thursday but then turned around to rally towards the 200 Day EMA.