Forex Daily Forecast, Analysis and Prediction

Get the EUR/USD Forex signal for March 13, 2017 here.

The WTI Crude Oil market rallied at the beginning of the Friday session, but found the $50 level to be too resistive.

The S&P 500 rallied on Friday, as it looks very likely to continue to go higher. The NASDAQ 100 broke higher during the day on Friday, breaking above the top of the hammer from the Thursday session.

The USD/JPY pair rallied initially during the day on Friday after we had a very strong jobs number. The Australian dollar rallied during the day on Friday, testing the 0.75 level and finding massive support.

The EUR/USD pair broke higher during the session on Friday, as the 1.07 level has been tested. The GBP/USD pair fell initially during the day on Friday, but found enough support underneath to turn things back around.

Gold prices settled at $1204.32 an ounce, falling 2.32% over the course of the week, as pressure from a stronger dollar weighed on investor appetite for the precious metal.

Get our trading strategies series with our monthly and weekly forecasts of the currency pairs worth watching using support and resistance for the week of March 13, 2017.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of March 13, 2017.

Get the Forex forecast focusing on major currency pairs for the week of March 13, 2017 here.

Gold markets fell initially during the day on Thursday, testing the $1200 level.

The EUR/USD pair rallied during the day on Thursday, testing the 50-day exponential moving average yet again.

The S&P 500 was quiet during the session on Thursday as one would expect, due to the jobs number coming out today.

The USD/JPY pair rallied during the day on Thursday, slamming into the 115 handle.

The oil markets continue to struggle during the Thursday session, as the short-term rally that opened the day turned around and we broke well below the $50 level.

Get the NZD/USD Forex signal for March 9, 2017 here.