Forex Daily Forecast, Analysis and Prediction

Gold prices settled at $1212.20 an ounce on Friday, suffering a loss of 2.36% on the week, as the dollar edged higher after the Labor Department reported that the economy added 222000 jobs in June, surpassing consensus estimates of 175000.

Our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for July 10, 2017.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of July 10, 2017.

Get the Forex forecast focusing on the major currency pairs you should pay attention to during the new trading week of July 10, 2017 here.

The EUR/USD pair rallied on Thursday as we continue to see strength in the Euro overall. The British pound rallied during the day on Thursday, as we bounced off the downtrend line during the previous session.

The S&P 500 fell a bit during the day on Thursday, reaching down towards the 2400 level. The NASDAQ 100 went sideways during the session on Thursday, as we await the Nonfarm Payroll Numbers.

The US dollar went back and forth during the day on Thursday, as we continue to bounce off of the 113 handle. The Australian dollar fell a bit during the day on Thursday, but sees quite a bit of support underneath, especially near the 0.7550 level.

The WTI Crude Oil market initially tried to rally during the session on Thursday, as we had a stronger than anticipated withdrawal of crude oil inventory announced.

Get the NZD/USD Forex signal for July 6, 2017 here.

Get the AUD/USD Forex signal for July 6, 2017 here.

Get the USD/JPY Forex signal for July 6, 2017 here.

Get the USD/CHF Forex signal for July 6, 2017 here.

Get the USD/CAD Forex signal for July 6, 2017 here.

Get the GBP/USD Forex signal for July 6, 2017 here.

Get the EUR/USD Forex signal for July 6, 2017 here.