Forex Daily Forecast, Analysis and Prediction

The S&P 500 has showed another strong session on Friday, as the US dollar continues to unwind.

Oil markets initially fell during the day on Friday, and as we had formed a shooting star on Thursday, it looks like we may be getting a bit of a pullback.

The US dollar has rallied initially during the trading session on Friday, but turned around to form a shooting star, just as we did on Thursday.

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Get the USD/CAD Forex signal for January 15, 2018 here.

Get the GBP/USD Forex signal for January 15, 2018 here.

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

Gold prices settled at $1338.20 an ounce on Friday, gaining 1.35% on the week, as the weakness in the U.S. dollar continued to lure buyers into the market.

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The EUR/USD pair initially fell on Thursday, but found enough support near the 1.1925 level to bounce significantly, and break above the top of the shooting star from the previous session,

Bitcoin markets drifted a bit lower during the trading session again on Thursday, as the volume continues to drift a listless sleep.

The US dollar initially tried to rally against the Japanese yen, but struggled at the 112 level, and then rolled over

The S&P 500 continues to rally, as the Thursday session was bullish yet again.