Forex Daily Forecast, Analysis and Prediction

The British pound has pulled back a bit during the trading session on Friday, reaching down towards the 1.28 handle.

The S&P 500 has rallied significantly during the trading session on Friday as optimism continues with the trade war situation.

The NASDAQ 100 rallied rather significantly during trading on Friday, as global trade optimism has returned.

The Australian dollar has gone back and forth during the trading session on Friday, sitting on top of the 50-day EMA as traders close out their positions for the week.

The US dollar has gone back and forth during the training session on Friday, as we continue to dance around the 200-day EMA.

The West Texas Intermediate Oil market has rallied a bit during the trading session on Friday as we continue to see a bit of a bullish move to the upside.

Natural gas markets have continued to see strength during the week, and Friday was no exception.

Bitcoin had a very strong session on Friday as we headed into the weekend.

The gold markets rallied during the trading session on Friday, shooting to the $1520.90 level during the New York session, but gave back the gains to end up forming a massive shooting star.

As unrest in Hong Kong intensifies, capital continues to rotate into Singapore which is benefiting the economy long-term.

Similar to the Japanese Yen, the Swiss Franc is a safe haven asset which usually outperforms during risk-off sessions.

Despite the growing optimism that the US and China will resolve their trade war to a certain degree, allowing both countries to appear victorious without addressing the core issues

USDCHF Analysis: Weakly bullish above 0.9940

GBPUSD: Consolidating on Brexit uncertainty

EURUSD: Pivotal point likely at 1.1063