Forex Daily Forecast, Analysis and Prediction

The British pound pulled back during the trading session on Friday to dip down below the 1.35 handle again.

The US dollar initially tried to rally against the Japanese yen, but pulled back to give up about half of the gains.

The Australian dollar initially pulled back during the trading session on Friday, but also found plenty of support underneath to turn things around and form a hammer.

The West Texas Intermediate Crude Oil market rallied during the trading session on Friday as we continue to wait for stimulus.

The euro pulled back a bit during the trading session on Friday, but it looks as if we are simply trying to hover and consolidate after a massive explosion to the upside.

Bitcoin markets fluctuated during the trading session on Friday in what would have been rather quiet trading.

The gold market fluctuated during the trading session on Friday as people focus on the holidays.

Silver markets fluctuated during the trading session in a mostly negative candlestick for the day.

The S&P 500 pulled back during the trading session on Friday, which was due to “quad witching” in the United States, meaning that four different options classes expired on the same day, so mass chaos was of course going to be a major issue.

The NASDAQ 100 pulled back a bit during the trading session on Friday as we are going through “quad witching”, which is when four different options markets expire at the same time.

Bitcoin is trading into all-time high prices near $25k.

Trade deal and coronavirus fears lead to bearish sentiment.

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