Forex Daily Forecast, Analysis and Prediction

Check out our weekly Forex forecast focusing on major pairs to pay attention to during the week of March 3, 2019 here.

The Euro rallied a bit during the last couple of weeks in February, bouncing from a major support level.

The British pound has broken to the upside against most currencies around the world, and it seems as if we are continuing to see a lot of congruence

The Australian dollar has chop around against many of the world’s largest currencies, and the Swiss franc hasn’t been any different.

The US dollar has been noisy against the Canadian dollar over the last four weeks, as February looks to be negative at the end.

The Australian dollar has seen a lot of choppiness during the month of February after a very tumultuous January.

The Euro went back and forth during the trading session on Thursday, as we continue to see a lot of noise.

The US dollar rallied a bit during the trading session against the Mexican peso on Thursday, as we have broken slightly above the 50 day EMA.

The crude oil markets continue to look a bit lost, as we are simply bouncing around in a relatively tight range.

The US dollar pulled back initially against the Japanese yen during trading on Thursday, but then rallied rather significantly as the greenback picked up a lot of buying pressure.

The S&P 500 pulled back a bit during the trading session on Thursday, as we continue to see a ton of resistance above at the 2800 level.

Gold markets initially rallied a bit during the trading session on Thursday but found enough resistance just below the highs of the previous session to roll over again, and now is sitting to test a major trendline

Get the NZD/USD Forex signal for February 28, 2019 here.

Get the AUD/USD Forex signal for February 28, 2019 here.

Get the USD/JPY Forex signal for February 28, 2019 here.