Forex Daily Forecast, Analysis and Prediction

The US dollar has gone back and forth during the trading session on Friday against the Japanese yen as the jobs number came out slightly lower than anticipated.

The British pound has pulled back a bit during the trading session on Friday, sitting on the 50 day EMA.

USDCAD: Bearish head & shoulders on weekly chart

Natural gas markets initially pulled back during the trading session on Friday but found enough support at the $2.40 level to turn around and rally towards the $2.50 level.

USDCHF Analysis: Consolidation likely

The Bitcoin market continues to be very choppy and sideways, but at this point we initially tried to rally during the day on Friday but has given back some of the gains later in the day.

The West Texas Intermediate Crude Oil market initially fell during the trading session on Friday, reaching down to the $55 level early in the day.

GBPUSD: More bearish below 1.2250

EURUSD: Bearish below 1.1020 / 1.1000

Gold markets went back and forth during the trading session on Friday, showing signs of exhaustion as we have possibly gone too far into short-term of a timeframe.

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The NASDAQ 100 rallied rather significantly during the trading session on Thursday, with reactions to the Americans and the Chinese meeting again.

The S&P 500 has broken out during the trading session on Thursday, clearing the 2950 level.