Forex Daily Forecast, Analysis and Prediction

The Australian dollar fell during thin trading on Friday as we continue to see a lot of negative pressure in this market.

The S&P 500 was rather range-bound during the previous several sessions, but with Good Friday closing down the underlying index, there were just a few hours of electronic trading available.

The GBP/USD moved sideways on Monday morning as the Easter weekend continued.

The EUR/USD pair downward momentum faded on Friday and Monday morning as the Easter weekend continued.

The BTC/USD pair dropped below the support at 40,000 support as investors focus on the ongoing bank earnings season continued.

The AUD/USD pair continued its bearish trend as the strength of the US dollar continued and as volumes remained thinned.

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The British pound had a very bullish Wednesday session, but during the day on Thursday, we started to see that unravel a bit.

The Euro initially tried to rally during the trading session on Thursday, but then fell rather hard to pierce the 1.08 level.

Bitcoin has pulled back a bit during the trading session on Thursday to reach the $40,000 level again.

Gold markets initially pulled back during the trading session on Thursday but then turned around to show signs of life again.

The WTI Crude Oil market initially pulled back a bit during the trading session on Thursday, only to turn around and show signs of life again.

The US dollar has initially pulled back against the Canadian dollar but then turned around to show signs of life again.