Forex Daily Forecast, Analysis and Prediction

For the second week in a row, gold prices closed lower. Get the analysis for September 16, 2019 here.

For eight trading sessions in a row, the good performance of the USD/JPY pair continued, and last week's close tested the 108.25 resistance

NZDUSD: Pivotal point at 0.6365

AUDUSD: Still weakly bullish as 0.6850 holds

USDJPY: More bearish on Yen safe-haven flow

Bitcoin: Long and short-term consolidations

The NASDAQ 100 initially tried to rally during the trading session on Friday but gave back quite a bit of the gains end up forming a massive shooting star.

The British pound has rallied significantly during the trading session on Friday, as we continue to see a lot of money flow into the British pound.

The Euro initially rallied during the trading session on Friday, reaching towards the 1.11 EUR level, and perhaps just as importantly the 50 day EMA.

The US dollar has rallied significantly over the last couple of weeks but stalled a bit during the day on Friday as the ¥108 level seems to be a bit important at this point

The Australian dollar rallied a bit during the trading session on Friday, and unlike the last couple of days managed to hang onto signs of the gains.

The West Texas Intermediate Crude Oil market has gone back and forth during the trading session on Friday, dancing around the $55 level.

Gold markets fell again during the trading session on Friday after initially trying to rally.

The natural gas markets initially pulled back a bit during the trading session on Friday but then turned around to reach towards the 200 day EMA yet again.

Bitcoin markets tried to rally initially during the trading session on Friday as we continue to see a lot of confusion and sideways chop overall.