Forex Daily Forecast, Analysis and Prediction

The British pound fell initially during the trading session on Friday, but just as we had seen on Thursday, buyers came in to pick up the market.

The US dollar initially tried to rally against the Japanese yen during trading on Friday but then fell apart as we have broken through the ¥107 level.

The US dollar has rallied again during the trading session on Friday, after initially pulling back.

The NASDAQ 100 looks very soft all of the sudden, as we have broken through the gap that had been holding this market up.

Gold markets gapped higher to kick off the trading session on Friday, dipped a bit to try to fill that gap, and then shot straight up in the air.

USDCAD: Bulls testing big number at 1.3250

USDCHF Analysis: Bearish on flight to safety

GBPUSD: Support at 1.2092 holding

EURUSD: Strong recovery from 1.1030

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The Euro has fallen pretty hard during the trading session on Thursday, only to turn back around and bounce.

The NASDAQ 100 has had a rough session during Thursday, initially shooting higher and actually breaking above the 8000 handle.

West Texas Intermediate Crude broke down rather significantly during the trading session on Thursday, slicing down towards the $55 level.