Forex Daily Forecast, Analysis and Prediction

British Prime Minister Johnson was hospitalized due to persistent symptoms of Covid-19 after contracting the virus over ten days ago.

New Zealand is likely to suffer long-term damages related to industry destruction from the Covid-19 pandemic.

Australian post-Covid-19 planning for the economy to prepare the country for future crises began.

USD/JPY: Pivotal point at 109.19

BTC/USD: Pivotal resistance at $7,228

GBP/USD: Price likely to test 1.2300 soon

EUR/USD: Key resistance at 1.0832

The US dollar rallied a bit against the Japanese yen during the trading session on Friday, despite the fact that the jobs number in America was absolutely miserable.

The Euro bounced a bit from a major support level just below the 1.08 handle, an area that I had been calling for a couple of the past videos now.

The NASDAQ 100 fell during the trading session on Friday as we continue to see a lot of volatility in stock indices around the world.

The silver markets initially tried to rally during the trading session on Friday but pulled back a bit as the $15 level above continues to loom large.

The S&P 500 has gone back and forth during the trading session on Friday, essentially ignoring the loss of 701,000 jobs during the month of March,

Gold markets rallied a bit during the trading session on Friday after initially pulling back.

The West Texas Intermediate Crude Oil market has rallied again to close out the week on Friday, but most of that rally is probably do more to short covering than anything else.

Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of April 6, 2020.