Forex Daily Forecast, Analysis and Prediction

The WTI Crude Oil market had a very quiet session on Friday as the world of ways to see what happens with the hurricane in Texas.

The S&P 500 initially tried to rally but turned around to form a shooting star. The NASDAQ 100 initially tried to rally during the day but turned around to form a shooting star.

Check out our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of August 27, 2017.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of August 27, 2017.

Check out the Forex forecast focusing on major currency pairs for the week of August 28, 2017 here.

The EUR/USD pair had a very quiet session on Thursday, as we continue to see this market offer buyers underneath.

The WTI Crude Oil market fell during the session on Thursday, reaching down towards the $47 level.

The US dollar rallied during the day on Thursday, showing signs of support yet again. The Australian dollar initially fell on Thursday, turning around to form a hammer.

The S&P 500 went back and forth during the Thursday session, testing the 2450 level, and then pulling back.

Get the NZD/USD Forex signal for August 24, 2017 here.

Get the AUD/USD Forex signal for August 24, 2017 here.

The S&P 500 has fallen a bit during the day on Wednesday, but found enough support towards the end of the day to show signs of life again.

The WTI Crude Oil market broke higher during the day on Wednesday as the inventory figures came out about as expected.

The US dollar had a slightly negative session on Wednesday, as we initially tried to rally but found the 110 level to be a bit too resistive.

The EUR/USD pair rallied on Wednesday, as the 1.17 level looks to be supportive yet again. The British pound fell slightly during the day, but found a bit of support towards the end of the session.