Forex Daily Forecast, Analysis and Prediction

EURUSD: Bearish move halted by 1.1206

The Euro fell significantly during the trading session on Friday, slicing through the 50 day EMA which is a very negative sign.

Bitcoin markets fell a bit during the trading session on Friday, as we did see a bit of a “risk off” move in general.

The WTI Crude Oil market initially fell hard during the trading session on Friday, reaching down to the bottom yet again.

The NASDAQ 100 has been all over the place during the Friday session, initially trying to rally during the Asian session, but then broke down significantly to reach towards the 7800 level.

The British pound fell during the trading session on Friday, perhaps in reaction to the stronger than anticipated jobs figure coming out of the United States.

Natural gas markets pushed higher to the trading session, reaching towards the 50 day EMA.

The S&P 500 pulled back significantly during the trading session on Friday, as we have seen a very strong jobs number coming out.

The Australian dollar fell hard during the trading session on Friday, in reaction to the stronger than anticipated jobs number.

The US dollar rallied significantly during the trading session on Friday after the jobs number came out much stronger than anticipated.

Gold markets broke down rather hard during the trading session on Friday, filling the gap from the beginning of Thursday.

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Natural gas markets were very quiet and electronic trading during the holiday session on Thursday as Americans celebrated Independence Day.