Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 fell rather hard during the trading session on Friday to test a major trendline.

The British pound is a relatively strong currency.

Bitcoin has been all over the place during the trading session on Friday as the markets have gotten far ahead of themselves.

The West Texas Intermediate crude oil market did rally initially during the trading session on Friday but gave back the gains yet again as we continue to see the market struggle to go higher.

The US dollar fluctuated against the Canadian dollar during the trading session on Friday, as we continue to dance around the 50-day EMA.

Gold rallied significantly during the trading session on Friday to break above the 50-day EMA, but gave back those gains to show signs of weakness.

The Australian dollar has been all over the place during the trading session on Friday, in what could be best described as choppy trading.

The EUR/USD is wavering today ahead of key economic numbers from the European Union and the United States.

The AUD/USD is in a tight range today as traders wait for the important Reserve Bank of Australia (RBA) interest rate decision set for tomorrow.

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The Euro has initially fallen during the trading session on Thursday only to turn around and show signs of life again.