Forex Daily Forecast, Analysis and Prediction

The Australian dollar has fallen a bit during the trading session on Friday, only to turn around and form a bit of a hammer.

The Euro fell again during the trading session on Friday, but just as we had seen on Thursday, sellers got beat back near the 1.18 level.

The S&P 500 initially broke down during the trading session on Friday, slicing through the 3500 level.

The West Texas Intermediate Crude Oil market has broken down significantly during the trading session on Friday, as we have broken the back of a hammer from the Thursday session, and perhaps even more importantly have broken down below the $40 level.

The British pound initially was slightly positive during the trading session on Friday as we headed into the Non-Farm Payroll announcement but gave up a lot of the gains as the jobs number came out.

GBP/USD: Break below 1.3250 area may be significant

The NASDAQ 100 broke down significantly during the trading session on Friday, reaching down towards the 50 day EMA before turning around and rally rather significantly.

The past month of trading within the EUR/ZAR has seen a strong bearish trend develop.

EUR/USD: Long-term bullish trend remains

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The silver markets got hammered during the trading session on Thursday, as the risk appetite of traders were all over the place.

Bitcoin markets fell significantly during the trading session on Thursday as we continue to see a lot of noise in general.

The crude oil markets have pulled back a bit during the trading session on Thursday as there has been a lot of volatility in the markets overall.