Forex Daily Forecast, Analysis and Prediction

The AUD/USD pair moved sideways as focus remains on the falling commodity prices and the strong American jobs data.

The BTC/USD pair rallied above 22,000 last week as risky assets made some recovery.

The EUR/USD pair moved back slightly after the latest American jobs data that were published on Friday.

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The US dollar has pulled back a bit during the trading session on Thursday as the 1.31 level against the Canadian dollar continues to cause resistance.

The WTI Crude Oil market has rallied rather significantly during the trading session on Thursday to test the bottom of the previous trendline.

The Euro initially tried to recover on Thursday but then turned around to show signs of weakness.

The British pound has reversed quite massively during the trading session on Thursday, recapturing the 1.20 level.

The Bitcoin market has rallied a bit during the trading session on Thursday as we continue to go sideways.

Ethereum has rallied a bit during the trading session on Thursday to reach the $1250 level.

The DAX has rallied a bit during the trading session on Thursday as we continue to see signs of life.

The S&P 500 has rallied rather significantly during the trading session on Thursday to reach the 3900 level.

The US dollar has pulled back a bit during the trading session on Thursday as we have seen an oversold condition in this pair.