Forex Daily Forecast, Analysis and Prediction

The S&P 500 had a somewhat neutral trading session on Friday, as we have been hanging around just above the 4500 level.

The NASDAQ 100 fluctuated on Friday as we continue to hang around just below the 15,400 level.

The gold markets rallied rather significantly on Friday to break above the trend line that we have been paying attention to for some time.

The Australian dollar pulled back a bit after initially trying to recover on Friday.

The Bitcoin market fell a bit on Friday to go looking towards the $60,000 level.

The euro rallied significantly on Friday, only to give up a bit of the gains.

The British pound fell again on Friday, but still remains supported just below.

The AUD/USD pair tilted lower in early trading as investors waited for the upcoming US consumer confidence and Australian consumer inflation data.

The EUR/USD pair was little changed on Monday morning as investors refocused on the European Central Bank (ECB), which will have its meeting this week.

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The German index initially pulled back during the trading session on Thursday to reach down towards the previous downtrend line yet again.

The IBEX has initially pulled back just a bit during the course of the trading session on Thursday but then turned around to show signs of life again.

The Bitcoin market has pulled back significantly during the trading session on Thursday, for the first time in what seems like a lifetime.