Forex Daily Forecast, Analysis and Prediction

Get the EUR/USD Forex signal for October 15, 2018 here.

Gold prices settled at $1219.04 an ounce on Friday, rising 1.25% over the course of the week, as a rout in global stock markets prompted investors to seek shelter in safe-haven assets.

Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of October 14, 2018.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of October 14, 2018 here.

Check out our weekly Forex forecast focusing on major pairs to pay attention to during the week of October 14, 2018 here.

The Euro rallied significantly during the trading session on Thursday, breaking towards the 1.16 level.

Bitcoin markets sold off rather drastically during the trading session on Wednesday, breaking the back of the hammer from the previous session and the $6500 level.

The WTI Crude Oil market gapped lower and below the $73 level to kick off the day, breaking all the way down to the $71 level.

The US dollar initially tried to rally against the Japanese yen during the day on Thursday but found enough resistance to turn things around and form a bit of an inverted hammer.

The S&P 500 initially went higher during the day as the Americans stopped on board, but we are clearly starting to break down again.

Gold prices ended Thursday’s session up $29.46 an ounce as sliding global stock markets spurred demand for the metal.

Brexit talk has come back to the forefront of traders minds in recent weeks as UK politicians return from their summer recess and the pressure to reach an agreement with the EU for a new trade deal ramps up even further.

Get the NZD/USD Forex signal for October 11, 2018 here.

Get the AUD/USD Forex Signal for October 11, 2018 here.

Get the USD/JPY Forex signal for October 11, 2018 here.