Forex Daily Forecast, Analysis and Prediction

The strength of the US dollar contributed to a bearish performance for the GBP/USD, which headed towards the 1.3600 psychological support level.

The bears triumphed last week as the EUR/USD fell to the 1.1664 support level, its lowest in nine months, before closing trading around 1.1700.

The USD/ZAR has brushed aside important mid-term resistance and its bullish move higher will likely create more volatility in the short term.

The USD/SGD continues to incrementally prove that its bullish trend has staying power as it has demonstrated cautious steps higher.

Bitcoin rallied yet again on Friday as we continue to see markets find plenty of buyers on dips.

Ethereum has been quite bullish over the last couple of days and has been forming consolidation that a lot of people are paying attention to.

The FTSE 100 initially fell on Friday but found enough support at the 50-day EMA to turn things around and show signs of life.

The S&P 500 initially fell during the Friday session but turned around to show signs of life again.

The NASDAQ 100 initially fell on Friday but turned around to show signs of strength again as we closed at the very highs of the trading session.

A bullish trend has pushed Bitcoin to new 3-month high.

The British pound fell ever so slightly during the trading session on Friday as we dance around the 1.36 level.

The West Texas Intermediate Crude Oil market fell again on Friday as we continue to see a lot of trouble when it comes to the idea of global growth.

Gold markets fluctuated on Friday as we ended up forming a bit of a shooting star.

The Australian dollar initially fell on Friday but then turned around to form a bit of a hammer.

The euro fluctuated on Friday but settled on a bullish candlestick.