Forex Daily Forecast, Analysis and Prediction

The West Texas Intermediate Crude Oil market rallied a bit during the trading session on Friday, reaching towards the $34 level.

The silver markets collapsed significantly during the day on Friday, losing 10%.

The gold markets have fallen significantly during the trading session on Friday, after initially gapping lower.

The Bitcoin market broke down significantly during the trading session on Friday, dropping another $2000 in the blink of an eye.

Following the second unscheduled interest rate cut by the US Federal Reserve on Sunday before the US futures market opened for trading,

After the European Central Bank (ECB) surprised financial markets by keeping interest rates unchanged, the Euro received a bullish fundamental catalyst.

Inspired by panic-induced decision making out of the US Federal Reserve, which slashed interest rates by 150 basis points in two emergency sessions to 0.00%

Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for Tuesday, March 16, 2020 here.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of March 16, 2020 here.

Get the weekly Forex forecast for major currency pairs for the week of March 16, 2020 here.

The Euro has been all over the place during trading on Thursday as we continue to see massive amounts of swings and volatility.

The S&P 500 is breaking down again, as the Tuesday session was brutal.

The NASDAQ 100 has broken down rather significantly during the trading session on Thursday, as we continue to see a lot of panic when it comes to the coronavirus situation.

The US dollar has gone back and forth during the trading session on Thursday, as the market simply do not know what to do.

The Australian dollar broke down significantly during the trading session on Thursday, breaking the back of the massive hammer that had formed earlier this week.