Forex Daily Forecast, Analysis and Prediction

The WTI Crude Oil markets fell hard during the trading session on Friday, giving back all signs of strength as we reached towards the uptrend line based upon fears of a trade war.

The US dollar has initially rallied during the trading session on Friday but found enough resistance at the 107.50 level to turn around and form a resistive candle.

The S&P 500 has broken down over 2% during the trading session on Friday, as we continue to see a lot of concerns about a potential trade war between the United States and China.

Gold prices settled at $1332.69 an ounce on Friday, rising 0.52% over the week, as anxiety and risk aversion in the world marketplace prompted investors to seek safer assets.

Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of April 8, 2018.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of April 9, 2018.

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Gold prices ended Thursday’s session down $6.36 an ounce as a rising dollar and signs the U.S. is looking to resolve the trade dispute with China dented demand for safe-haven assets.

Bitcoin tried to rally against the US dollar, but it was essentially flat by the end of the day.

The EUR/USD pair fell during training on Thursday, crashing into the uptrend line just below.

The Australian dollar fell during trading on Thursday, as we continue to grind sideways overall.

The WTI Crude Oil market went back and forth during trading on Thursday, as we continue to bounce around overall.

The S&P 500 rallied a bit during the trading session on Thursday, as we continue to see money flow into this market.

Get the NZD/USD Forex Signal for April 5, 2018 here.

Get the AUD/USD Forex Signal for April 5, 2018 here.