Forex Daily Forecast, Analysis and Prediction

The British pound initially fell during the Friday session but then turned around of form a bit of a hammer as the market continues to dance around the 1.23 region.

The Euro has rallied a bit during the trading session on Friday, as the jobs number came out a little bit softer than anticipated in the top line, but had several strong revisions attached to it.

The S&P 500 has initially pulled back during the trading session on Friday but after the jobs number got out the way, the market found the 2900 level to be massive support.

USD/CAD: Will bearish momentum force a sell-off?

GBP/AUD: Breakdown risks are on the rise

EUR/NZD: Is a short-term reversal on the horizon?

USD/JPY: Will sell-off extend into its support zone?

The Australian dollar fell during most of the week but turned around to show signs of support.

The NASDAQ 100 initially fell during the Thursday session, breaking below the 200 day EMA after the miss in ISM Non-Manufacturing PMI numbers.

BTC/USD: Is a price action reversal imminent?

The WTI Crude Oil market fell during most of the trading session on Thursday but found enough support at the psychologically and more importantly, structurally supportive level of $51.

Natural gas markets initially fell during trading on Thursday, as the inventory number came out a bit more bearish than anticipated, but something interesting has happened: buyers stepped in to pick up the market.

The Euro tried to rally during most of the session on Thursday but gave up the gains towards the end of the session.

Although we did see a bit of bullish pressure during the trading session on Thursday, the British pound also did see a bit of selling pressure.

The gold market tried to rally significantly during the trading session on Thursday after the ISM Non-Manufacturing figures came out softer than anticipated.