Forex Daily Forecast, Analysis and Prediction

The S&P 500 has fallen during the trading session on Friday, breaking down below the bottom of the candle stick from Thursday, making it a “hanging man.”

Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of November 11, 2018.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of November 11, 2018 here.

Check out our weekly Forex forecast focusing on major pairs to pay attention to during the week of November 11, 2018 here.

Gold prices fell for a fifth straight session on Thursday as the dollar edged higher after the Federal Reserve indicated that it plans to continue raising interest rates at a gradual pace.

The Euro initially tried to rally on Thursday but then broke down rather significantly as the Federal Reserve has reiterated its desire to raise interest rates.

Bitcoin markets drifted a bit lower during trading on Thursday, as the crypto currency markets continue to be very choppy and sideways from a longer-term standpoint.

The S&P 500 pulled back slightly during the trading session on Thursday, as we slammed into significant resistance.

The US dollar rallied significantly during trading on Thursday as the Federal Reserve has left rates on hold.

The WTI Crude Oil market initially tried to rally during the trading session on Thursday but found resistance again at the $62.50 level.

Get the NZD/USD Forex signal for November 8, 2018 here.

Get the AUD/USD Forex signal for November 8, 2018 here.

Get the USD/JPY Forex signal for November 8, 2018 here.

Get the BTC/USD Forex signal for November 8, 2018 here.

Get the USD/CAD Forex signal for November 8, 2018 here.