Forex Daily Forecast, Analysis and Prediction

Bitcoin markets initially tried to rally a bit during the day on Friday but continue to see the 200 day EMA bring out sellers.

The Australian dollar has rallied again during the day on Friday, as we continue to grind towards the crucial 0.69 level.

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While Bitcoin has dragged down the overall cryptocurrency market, Ripple managed to outperform as solid fundamental overcame peer pressure.

With US economic disappointments picking up in October and doubts about the US-China trade truce on the rise, the US Dollar has been pressured to the downside

The NASDAQ 100 has gone back and forth during the trading session on Thursday, trying to break above the 8000 level which of course has a significant amount of resistance at it.

The US dollar went back and forth during the trading session on Thursday as we continue to dance around the 200 day EMA.

The Australian dollar has shot straight up in the air during the trading session on Thursday, reaching towards the 0.6825 handle late in the day.

The Euro rallied a bit during the trading session on Thursday to reach towards the 1.1130 level, before running into a little bit of resistance.

The British pound went back and forth during the trading session on Thursday, as it was reported that Boris Johnson agreed to a deal in principle with the European Union, which now has to be ratified in Parliament.

The US dollar has fallen significantly during the trading session on Thursday, using the 50 day EMA as resistance against the South African Rand.

Looking at the West Texas Intermediate market, you can see that we have rallied a bit during the trading session.

The Gold markets initially fell during the trading session on Thursday, dipping down towards the uptrend line underneath that makes up a larger wedge that I have drawn on the chart.