Forex Daily Forecast, Analysis and Prediction

USD/JPY: Weakly bullish with low volatility

AUD/USD: Supportive area around 0.6500 looks very pivotal

The Euro has continued its downward plunge from the top of the range that started on Thursday, in what is starting to become somewhat of a familiar pattern.

The US dollar continues to chop back and forth against Japanese yen, essentially putting the trading public to sleep.

The Australian dollar has pulled back a bit during the trading session on Friday, and what would have been a somewhat shortened day

The S&P 500 initially fell during the trading session on Friday, reaching down towards the bottom of the one of the candlestick before finding buyers underneath.

The NASDAQ 100 fell a bit during the trading session on Friday but turned around to form a bit of a hammer by the time the markets were closing out.

The British pound fell a bit during trading on Friday, breaking down below the bottom of the hammer from the Thursday session.

The Brazilian Real has fallen over the last couple of days to reach down towards a significant trend line.

Silver markets went back and forth during the trading session on Friday as we continue to try to figure out whether or not breaking above the $18 level is going to happen in the short term

Gold markets have formed a bit of a “harami” during the trading session on Friday and using the Thursday candlestick as part of the pattern.

The West Texas Intermediate Crude Oil market pulled back significantly during the Friday session, but did bounced enough to show signs of resiliency.

Strong bullish trend in Rand may reverse at 17.3000

BTC/USD: Price is ranging over the long term

EUR/USD: Key support level breaking down