Forex Daily Forecast, Analysis and Prediction

At the beginning of this week, the EUR/USD is trying not to break below the 1.0900 psychological support to avoid further downside pressure.

Ahead of the UK GDP growth figures, the GBP/USD pair is trying to stop the recent losses

Weaker-than-expected economic data out of Japan prevented the USD/JPY to start a reversal, but bearish pressures are on the rise

it seems clear that the gold price is in a stage of breaking the uptrend especially if it stabilizes below the $1480 support level.

On the daily chart, USD/JPY still has a chance to for an upward correction, and a return back above 108.00 resistance.

The Australian dollar has initially tried to rally during the trading session on Friday as the 0.6750 level continues to attract a lot of attention.

The Euro has gone back and forth during the trading session on Friday

The British pound has pulled back a bit during the trading session on Friday, reaching towards the 1.23 level before stabilizing a bit.

The US dollar has gone back and forth during the trading session on Friday, as markets continue to cause issues for this pair.

Gold markets initially fell during the Friday session, reaching down towards the 50 day EMA

Bitcoin markets were slightly negative during the trading session on Friday, as we are just below the 200 day EMA.

West Texas Intermediate Crude Oil broke down significantly during the trading session on Friday

Natural gas markets fell during the trading session on Friday to break down below the $2.40 level.

The NASDAQ 100 will be crucial to watch over the next couple of days as it has broken down significantly during the trading session.

The S&P 500 initially tried to rally during the trading session on Friday but then broke down significantly just below the 3000 handle.