Forex Daily Forecast, Analysis and Prediction

Very bearish below resistance at 1.1181

The Euro initially tried to rally during the trading session on Friday, but gave back the gains later in the day, reaching down towards the 1.1150 level.

The US dollar has initially tried to rally during the session on Friday, but as you can see has rolled over to form a bit of a shooting star.

The US dollar initially fell during the trading session again on Friday, but just as we have seen over the last several sessions, buyers come back in to turn around and rally again.

The S&P 500 has fallen just a little bit during the trading session on Friday, reaching down towards the 50 day EMA.

The WTI Crude Oil market rallied a bit during the trading session on Friday initially, but struggled at the $63.66 level.

Gold markets got hammered again on Friday, breaking down towards the $1275 level, an area that has caused a bit of support.

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As you can see, the United States dollar has rallied rather significantly as this pair fell during trading on Thursday.

Bitcoin markets did initially try to push higher during the trading session on Thursday, but quite frankly I think it’s a good thing that we have fallen a bit.

The S&P 500 had an eventful day on Thursday, reaching towards the 2900 level that failing to break above it.

The US dollar has initially fallen during trading on Thursday but found enough support underneath the turn things around and form a bit of a hammer.

The WTI Crude Oil market rallied during the trading session on Thursday but did give back some of the gains.