Forex Daily Forecast, Analysis and Prediction

Gold markets initially pulled back during the trading session on Friday, but then turned around to show the $1550 level to be supportive

EURUSD: Pivotal point at 1.1129

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Bitcoin spiked together with safe-haven assets like gold, as tensions between the US and Iran flared up.

The Euro has gone back and forth during the trading session on Thursday, as we are sitting just above the 50 day EMA.

The NASDAQ 100 has rallied a bit during the trading session on Thursday, breaking above the 9000 level but pulling back a bit as the markets may have gotten a bit overextended.

The S&P 500 has rallied a bit during the trading session on Thursday, breaking out to a fresh new high.

The US dollar has rallied a bit during the trading session on Friday as we get the jobs figure.

The Australian dollar has initially tried to rally during the trading session on Thursday but gave back the gains to show signs of exhaustion again.

The British pound initially tried to rally during the trading session on Thursday but then turned around to reach towards the 1.30 level before bouncing yet again.

Natural gas markets went back and forth during the trading session on Thursday, showing signs of support underneath.

Bitcoin ended up breaking lower during the trading session on Thursday, in a perfect selling opportunity based upon the shooting star from the Wednesday session

The West Texas Intermediate Crude market initially fell during the trading session on Thursday but turned around to form a bit of a hammer sitting right at the 50 day EMA.