Forex Daily Forecast, Analysis and Prediction

The S&P 500 broke above the 3100 level during the trading session on Thursday, and now it looks as if the market is trying to break above the 3200 level.

The NASDAQ 100 has rallied significantly during the training session on Friday after the job numbers came out much stronger than anticipated.

The West Texas Intermediate Crude Oil market rallied significantly during the trading session on Friday again as the job numbers came out stronger than anticipated.

The Australian dollar rallied again during the trading session on Friday as the “risk on trade” continues to dominate.

USD/JPY: New 50-day high close

The British pound has rallied significantly during the trading session on Friday, breaking above the crucial 1.2650 level and the 200 day EMA.

The Euro initially rallied during trading on Friday, waiting for the jobs numbers to come out the United States.

India announced an extension of the nationwide lockdown until July, as new Covid-19 infections are spiking.

Silver markets have fallen during the trading session on Friday as the US jobs number was much better than anticipated.

Bitcoin markets pulled back slightly during the trading session on Friday, as the jobs number came out in force a lot of currencies higher against the greenback.

BTC/USD Forex Signal: Strong support at $9,431

GBP/USD: New 50-day high daily close

Over the past four months, foreign investors took over $11.8 billion out of Brazil’s equity market.

Singapore banks will likely get plenty of attention as summer emerges.

The Mexican Peso has trended stronger against the US Dollar the past two months and short-term indications look favorable too.