Forex Daily Forecast, Analysis and Prediction

The EUR/USD pair initially rallied on Friday, but as we have seen all week, rolled over as the 1.23 level has offered far too much in the way of resistance.

The US dollar fell against the Japanese yen during most of the session on Friday, but you can see that we did bounce a bit

The WTI Crude Oil market fell a bit during the session on Friday, but found enough support at the $63 level to turn around and form a hammer for the daily candle

Bitcoin went back and forth during the trading session on Friday, testing the $12,000 level again, and finding it resistant yet again.

The S&P 500 rallied during the day after initially falling on Friday, as we have closed well above the 2800 level.

Get the USD/JPY Forex signal for January 22, 2018 here.

Get the USD/CAD Forex signal for January 22, 2018 here.

Get the GBP/USD Forex signal for January 22, 2018

Get the EUR/USD Forex signal for January 22, 2018 here.

Gold prices settled at $1331.57 an ounce on Friday, suffering a loss of 0.38% on the week, as a bounce in the U.S. dollar index put pressure on the market.

Check out our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of January 22, 2018.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of January 22, 2018.

Enter the new trading week of January 22, 2018 prepared with our Forex forecast that details what's in store for the major currency pairs.

Gold prices ended a two-sided trading session virtually unchanged yesterday.

The EUR/USD pair rallied a bit during the trading session on Thursday, as we continue to see a lot of volatility in this market.