Forex Daily Forecast, Analysis and Prediction

Bitcoin markets continue to do nothing during the trading session on Friday, gaining roughly $30 as I record this.

The US dollar rallied significantly against the Japanese yen during the trading session on Friday, as we continue to see a bounce from the 61.8% Fibonacci retracement level.

The S&P 500 initially tried to rally during the day on Friday, but by the time the afternoon rolled around we gave back much of the gains.

The WTI Crude Oil market has rallied significantly during the trading session on Friday, testing the $70 level as the 61.8% Fibonacci retracement level has offered enough support.

Gold prices ended the week up $9.54 at $1226.35 an ounce, recoding a second consecutive weekly gain.

Get the USD/CAD Forex signal for October 22, 2018 here.

Get the USD/CHF Forex signal for October 22, 2018 here.

Get the GBP/USD Forex signal for October 22, 2018 here.

Get the EUR/USD Forex signal for October 22, 2018 here.

Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of October 21, 2018.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of October 21, 2018 here.

Check out our weekly Forex forecast focusing on major pairs to pay attention to during the week of october 21, 2018 here.

The Euro initially tried to rally on Thursday but then broke down through the 1.15 level to reach towards 1.1450 level underneath, an area that has recently caused a bit of a bounce.

Bitcoin continues to grind lower, losing almost 3% by the time I got to my desk to record this video.

The S&P 500 has fallen rather hard again during the trading session on Thursday, crashing back towards the 2750 handle before bouncing slightly.