Forex Daily Forecast, Analysis and Prediction

From the middle of last week’s trading, the price of the GBP/USD currency pair is exposed to profit-taking sales.

The US dollar posted some gains for the week in Good Friday trade after non-farm payrolls figures cast the US labor market in a resilient light.

The last trading week was exciting in the upward trajectory of gold prices XAU/USD, as prices jumped towards the $2033 resistance level, near its all-time high

Speculators who have been pursuing what has almost been a constant state of bearish price action within the USD/MXN likely remain optimistic regarding their outlooks.

The British pound had a mixed trading session on Friday as it struggled to hold on to gains above the 1.25 level.

The West Texas Intermediate (WTI) and Brent crude oil markets have experienced a week of tight consolidation after a massive gap following OPEC's announcement of a 1.6 million barrels per day cut starting in May.

The natural gas market experienced a decline during the Thursday session and remained closed on Friday.

Gold futures markets were closed on Friday, but that doesn't mean there isn't a lot to learn from the charts.

The US dollar has been struggling to make any significant gains against the Japanese yen, as it quickly gave back its initial rally.

The USD/ZAR is near the 18.25000 level as of this morning as light trading persists within Forex because of the Easter holiday weekend.

On Friday, the British pound was largely stagnant, fluctuating around the 1.25 region with no significant breakthroughs.

The Euro was relatively quiet on Friday, remaining at an extreme level.

The Australian dollar bounced slightly during the trading session on Friday, reaching the bottom of the channel.

The S&P 500 was closed on Friday, but looking at the action over the past week, there are a few things that we can gather from the charts.

Silver prices have been in the spotlight lately as they continue to fluctuate in the market.