Forex Daily Forecast, Analysis and Prediction

The gold market pulled back slightly during the trading session on Friday, and as I look around at the commodity markets, it does make a certain amount of sense that we have seen a lot of noisy behavior.

The Republican clean sweep of the US Presidency and Senate boosts the US Dollar strongly, sending this currency pair plummeting to a new multi-month low, although the price may be finding a bottom near $1.0700.

The Aussie dollar plummeted during the trading session on Friday, as we continue to see interest rates in America cause havoc in the markets.

During my daily analysis of the European indices, the DAX 40 is showing signs of weakness.

During my daily analysis of currency pairs around the world, the British pound has caught my attention as it has pulled back against the Swiss franc.

As you can see, the US dollar has rallied rather significantly during the course of the trading session on Friday, and probably got a little bit of a boost due to the fact that the Canadian employment numbers were weaker than anticipated.

Dear my daily analysis of global indices, the Nikkei 225 has caught my attention as we just ended up making a bit of a “double top” near the ¥40,000 level.

The BTC/USD pair continued surging, reaching its all-time high, as investors cheered the recent Trump election and Federal Reserve interest rate cut.

The GBP/USD exchange rate remained under pressure after the Bank of England (BoE) and the Federal Reserve slashed interest rates 0.25%.

The AUD/USD exchange rate retreated sharply as the market reacted to the Federal Reserve decision and the Donald Trump election.

US Stock and cryptocurrency markets are enjoying powerful rallies following the Republican victories in the US general election last week. Several major US equity indices and Bitcoin are powering to new record highs.

The GBP/USD finished the week of trading near the 1.29150 mark which was above the lows seen on Wednesday when the 1.28350 ratio was tested as behavioral sentiment was tested in full.

After challenging higher prices on Thursday near 73.000 USD, WTI Crude Oil started to selloff and by Friday’s close the price of the commodity was near 70.610.

Forex Weekly Forecast: Key trends, levels, and strategies for major pairs and markets.

During my daily analysis of exotic currency pairs, I have managed to stumble upon the British pound against the Singapore dollar.