Forex Daily Forecast, Analysis and Prediction

The WTI Crude Oil market rallied on Friday, gaining 0.5% by the time the Americans were ready to call it a day.

The US dollar has rolled over against the Japanese yen during trading on Friday, as we had most certainly gotten a bit overextended.

The S&P 500 initially pulled back slightly during the trading session on Friday, but then broke above the 2800 level.

Bitcoin initially tried to rally during the trading session on Friday but rolled over at the $6400 level again.

Gold ended the week down $14.98 at $1241.05 an ounce as the risk-on investing attitudes in the world marketplace continued to support buying interest in other conventional assets.

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Get the Forex forecast for major currency pairs that you should pay attention to during the week of July 16, 2018 here.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of July 16, 2018.

The Euro initially fell during trading on Thursday but turned around to show the 1.1650 level to be supportive again.

Well, bitcoin has managed to fall again. We have lost over 3% during the trading session on Thursday, reaching towards the $6100 level again.

The WTI Crude Oil market fell again during the trading session on Thursday, losing 1.5% by the time I record this video.

The US dollar has rallied again during the trading session on Thursday, breaking through the ¥112.50 level.

The S&P 500 rallied significantly during trading on Thursday, testing the major resistance just above.

Gold prices ended Thursday’s session up $4.73 an ounce, snapping two sessions of losses, as concerns over escalating trade tensions lent some support.

Get the NZD/USD Forex signal for July 12, 2018 here.