Forex Daily Forecast, Analysis and Prediction

The WTI Crude Oil market initially fell on Friday but turned around to form a hammer.

S&P 500 traders had a volatile day on Friday, testing the 2750 level, but rolled over.

Gold ended the week up $33.44 at $1347.65 an ounce, driven by a weak dollar. Despite a number of factors that should be driving the dollar higher, it is sliding again.

Check out our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of February 19, 2018.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of February 19, 2018.

Get the Weekly Forex Forecast for major pairs for the week of February 19, 2018.

Gold prices ended Thursday’s session up $3.21 an ounce, extending gains to a fourth straight session, as dollar weakness continued.

The EUR/USD pair rallied during the trading session on Thursday, breaking above the 1.25 level.

Bitcoin rallied against the US dollar during trading on Thursday, breaking above the psychologically important $10,000 level.

The US dollar has fallen again against the Japanese yen after initially trying to rally on Thursday, showing even more weakness.

The S&P 500 traders rallied a bit during the trading session on Thursday, breaking significantly above the 2700 level, and pressuring the top of the shooting star from last week.

The WTI Crude Oil market has been very noisy during the trading session on Thursday, initially falling towards the $60 level, but the buyers came back in to push the market higher and close strong.

Get the NZD/USD Forex signal for February 15, 2018 here.

Get the AUD/USD Forex signal for February 15, 2018 here.

Get the BTC/USD Forex signal for February 15, 2018 here.