Forex Daily Forecast, Analysis and Prediction

Resilience characterizes the GBP/USD recently, and last week the bulls tried to take off with the currency pair above the resistance 1.2775.

The British Pound has gone back and forth during the course of the trading session here on Friday.

The German DAX initially pulled back just a bit during the trading session on Friday, but then turned around to show signs of life again.

Recently, gold prices are stabilizing around the $2,030 per ounce level at the time of writing the analysis.

You can see that we initially pulled back a bit during the trading session here on Friday.

The USD/JPY pair is stabilizing higher around the 148.33 resistance level at the time of writing.

You can see that we initially did try to rally a bit during the trading session on Friday but gave back the gains as we continue to hang around the 50 day EMA.

As of this morning the USD/MXN is trading near the 17.15250 ratio.

The US dollar fell a bit during the trading session on Friday, but we continue to hover around the 50-day EMA.

Bitcoin experienced a significant rally during the trading session on Friday.

The USD/ZAR is near the 18.76100 mark as of this morning’s writing.

The euro experienced a notable rebound during Friday's trading session.

The FTSE 100 has been very bullish during the training session on Friday, as we broke above the 7600 level.

Silver pulled back slightly during the trading session on Friday, as we continue to see a lot of noisy behavior.

The US dollar rallied a bit during the trading session on Friday as the ¥147.33 level continues to offer a significant amount of support.