Forex Daily Forecast, Analysis and Prediction

Bitcoin bounced around during the trading session on Thursday, as we are below the $8000 level rather solidly.

The WTI Crude Oil market broke down significantly during the trading session on Thursday, reaching down towards the $70.50 level, which is testing a major support level that extends down to the $70 level.

The S&P 500 initially fell rather hard during the day on Thursday, reaching towards the 2700 level as it was revealed that the United States and North Korea were not going to meet after all.

Gold prices rose for a second straight session on Thursday as the dollar extended losses and equities edged lower on news that U.S. President Donald Trump canceled a planned June meeting with North Korean leader Kim Jong Un.

Get the NZD/USD Forex signal for May 24, 2018 here.

Get the AUD/USD Forex signal for May 24, 2018 here.

Get the USD/JPY Forex signal for May 24, 2018 here.

The Euro fell significantly during trading again on Wednesday, as we have broken below the 1.17 handle.

Bitcoin markets fell again on Wednesday, crashing through the $8000 support level.

The WTI Crude Oil market fell during the trading session on Wednesday, reaching as low as $71.25 after we got a surprise addition to inventory numbers in the United States.

The US dollar fell significantly against the Japanese yen during trading on Wednesday but bounced back above the ¥110 level to use the 200-day moving average as support, as well as the large come around, psychologically significant figure.

The S&P 500 initially fell during the day on Wednesday, reaching towards the 2700 level before bouncing significantly to form a massive hammer.

Get the BTC/USD Forex signal for May 24, 2018 here.

Get the USD/CAD Forex signal for May 24, 2018 here.

Get the USD/CHF Forex signal for May 24, 2018 here.