Forex Daily Forecast, Analysis and Prediction

EUR/USD: Today’s pivotal point at 1.1020

The Euro has initially pulled back during the trading session on Friday and looked quite soft until the Europeans and the British went home.

One of the hardest things to figure out looking at this chart is whether or not the search late in the day of the British pound was based solely upon people willing to step in

The US dollar has broken down rather significantly during the trading session on Friday, reaching down below the ¥108 level.

Silver markets went back and forth during the trading session on Friday, as we see the $15 level offer resistance.

The Bitcoin market has initially tried to rally during the trading session on Friday but continues to find a lot of trouble in the area of $7000,

Gold markets pulled back initially during the trading session on Friday, just as we have during the last few days,

The West Texas Intermediate Crude Oil market fell during the trading session on Friday, but still sees plenty of buyers

Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for Tuesday, March 30, 2020 here.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of March 30, 2020 here.

Get the weekly Forex forecast for major currency pairs for the week of March 30, 2020 here.

The Euro has been all over the place during the month of March, as markets are trying to figure out what to do with themselves.

The US dollar has rallied a bit during the month of March against the Chinese Yuan. Get the forecast for April 2020 here.

The Australian dollar has been very bearish for a while, dropping all the way down to the 0.55 level.

The British pound has fallen rather hard during the month of March, as a complete “risk off” feel has enveloped most of the markets anyway.