Forex Daily Forecast, Analysis and Prediction

India faced its last contraction in 1980 with a 5.2% decrease. Before that, only four other annualized recessions were reported, three of them below the 1.0% mark.

AUD/USD: Will 0.6500 area hold as support?

USD/JPY: Resistance at 107.34 looks pivotal

BTC/USD: Tested 2-week low price

GBP/USD: Moving in wide swings

EUR/USD: Support at 1.0814 looks strong and pivotal

The silver market has rallied a bit during the trading session on Friday before given back some of the gains near the $16.00 level.

The German index had a bullish session during the day on Friday, as did all stock markets that we follow.

The NASDAQ 100 has broken higher during the trading session on Friday, making a new high for the year.

The S&P 500 has rallied quite nicely during the Friday session, despite the fact that the United States printed a job loss of 20.5 million,

The US dollar has broken higher during the trading session on Friday, as the jobs number was not quite as horrific as once thought.

The British pound rallied a bit during the trading session on Friday, reaching towards the 50 day EMA before pulling back a bit from the indicator.

The Euro rallied a bit during the trading session on Friday but gave back quite a bit of the gains in order to form a bit of a shooting star.

The Australian dollar has rallied a bit during the trading session on Friday but gave back the gains at the very highs that we had just made.

The gold markets initially tried to rally during the trading session on Friday but then pulled back from the triangle that I have drawn on the chart