Forex Daily Forecast, Analysis and Prediction

Gold markets were a bit neutral during the trading session on Friday, after gapping lower.

AUD/USD: Bulls and bears look evenly balanced

The S&P 500 has initially tried to rally during the trading session on Friday but gave back all of the gains in order to form a very ugly candlestick.

The West Texas Intermediate Crude Oil market did have a positive session on Friday, as we continue to hover around the $37.50 level on the front contract.

USD/JPY: Start of a bearish price channel?

BTC/USD: Yet price failing to build real bullish momentum

Silver markets have gone back and forth during the trading session on Friday, as we continue to see a lot of noise in equity markets overall.

The NASDAQ 100 had a very volatile session during the Friday trading hours, as we initially tried to rally but then turned around to tank again.

GBP/USD: Cable bid near 1.2750

The US dollar has so far been relatively buoyant during the week and Friday was not any different.

EUR/USD: Short-term triangle formation

The US dollar has fallen again during the trading session on Friday against the Mexican peso, testing the hammer that had formed on Thursday.

The British pound has looked horrible over the last several sessions as we are back to trading on the latest rumor or tweet based upon whatever nonsense is going on with Brexit at that particular moment.

The Australian dollar has rallied a bit during the trading session on Friday but gave back some of the gains as the 0.73 level will continue to offer a bit of resistance.

The Euro has rallied significantly during the trading session on Friday, just as we did on Thursday.