Forex Daily Forecast, Analysis and Prediction

Check out our weekly Forex forecast focusing on major pairs to pay attention to during the week of April 7, 2019 here.

The Euro fell hard during the trading session on Thursday, reaching down to the 1.12 level which is crucial support longer term.

The US dollar rallied a bit during the trading session on Thursday, breaking above the top of the Wednesday candle stick which of course is a very bullish sign

The S&P 500 had a fairly quiet session on Thursday, which makes quite a bit of sense considering that the jobs number comes out on Friday, it of course we are approaching a major round figure in the form of 2900.

The WTI Crude Oil market had a slightly negative trading session during the day on Thursday, as we may have gotten a bit ahead of ourselves.

The US dollar initially tried to rally against the South African Rand and many other currencies around the world during trading on Thursday.

As the Thursday session was very volatile, when I look at the hammer that has formed, it’s easy to see that the buyers certainly made a statement during the trading session on Thursday.

Get the NZD/USD Forex signal for April 4, 2019 here.

Get the AUD/USD Forex signal for April 4, 2019 here.

Get the USD/JPY Forex signal for April 4, 2019 here.

Get the BTC/USD Forex signal for April 4, 2019 here.

Yesterday’s signals were not triggered, as the bullish price action took place slightly below 1.3304. Get the Forex signal for April 4, 2019 here.

Get the USD/CHF Forex signal for April 4, 2019 here.

The Pound is a little more bullish now that the British Parliament has mandated that the Government request a delay to the Brexit date beyond 12th April. Get the Forex signal for April 4, 2019 here.

We have no directional bias today when it comes to the EUR/USD. Get the Forex signal for April 4, 2019 here.