Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 initially tried to rally during the trading session on Friday, but then pulled back towards the 14,700 level.

The Bitcoin market fluctuated during the trading session on Friday as we continue to hover just above the $30,000 level.

The US dollar pulled back initially during the trading session on Friday but turned around to show signs of strength as we hang about the 1.26 handle.

This is a market that should continue to see plenty of choppy behavior, but if we can break above the top of the hammer for the session, that is a very strong sign.

The situation in South Africa has certainly seemed to be deteriorating the overall attitude for the currency as of late, but the last couple of days have been a little bit of a reprieve.

The FTSE 100 broke below the bottom of a symmetrical triangle during the trading session on Friday to show further weakness.

The gold markets fell rather hard during the trading session on Friday as money continues to flow into the bond market in America.

The BTC/USD price is still in a tight range as investors wait for the next catalyst.

The EUR/USD was little changed in the Asian session as traders weighed the strong US recovery and the upcoming European Central Bank (ECB) decision.

The AUD/USD pair retreated to the lowest level since December last year as Australia continued seeing a new wave of coronavirus.

The pair will likely keep falling as bears target the next key support at 1.3700.

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The German index pulled back during the trading session on Thursday as the 15,800 level continues to be a major issue for the DAX.