Forex Daily Forecast, Analysis and Prediction

The US dollar has pulled back a bit against the Japanese yen during the trading session on Thursday, reaching towards the ¥108.50 level.

The NASDAQ 100 broke lower during the trading session, reaching towards the 9000 level, an area that I suggested that would be supportive

The S&P 500 initially dipped during the trading session on Thursday, reaching down towards the 3250 level, an area that has been very supportive.

The Euro has had a strong session on Friday, as we continue to see the 1.10 level underneath offer plenty of support.

The FTSE 100 futures market was relatively negative during the trading session on Thursday, after the Bank of England released a mixed message by holding rates steady.

Cotton markets pulled back a bit during trading on Thursday, to reach down towards the uptrend line

The West Texas Intermediate Crude Oil market broke down again during Thursday trading as the beat down for crude oil continues.

Gold markets have rallied again during the trading session on Thursday, initially gapping higher, but then pulled back to fill that gap before rallying yet again.

The natural gas markets broke down significantly during the trading session on Thursday as we continue to see a major downtrend.

Bank lending in Singapore remained stable in December, but fourth-quarter business expectations slumped.

Australian producer prices eased in the fourth quarter of 2019, reflecting a slowing global economy.

New Zealand consumer confidence decrease in January, but the Asian region received a necessary positive fundamental boost out of China

Brexit will be officially complete at midnight Brussels time, granting the first step of the freedom the UK voted for.

The World Health Organization (WHO) is holding an emergency meeting to discuss and track the path of the global outbreak of, and its global impact.

Limited optimism in the performance of global financial markets, especially stocks, contributed to the decline in gold prices to the $1563 level.