Forex Daily Forecast, Analysis and Prediction

The NZD/USD is trading near 0.63950 level as of this writing, which is a stark difference compared to its lows on Friday which touched the 0.61900 vicinity.

The USD/ZAR is trading near the 17.07300 mark as of this writing in rather fast conditions as financial house returning from the long holiday season cause volatility while searching for ‘fair’ equilibrium.

The USD/JPY exchange rate pulled back sharply after the latest American non-farm payroll (NFP) data.

The NASDAQ 100 bounced rather significantly during the trading session on Friday, as we have had the Non-Farm Payroll numbers released.

The GBP/USD exchange rate drifted upwards after the latest US jobs data that were published on Friday.

The USD/CAD initially tried to rally during the trading session on Friday, touching the bottom of this rising wedge that I had drawn on the charts.

The AUD/USD price popped after the latest American jobs data. It popped to a high of 0.6886, the highest point since January 4.

The DAX has rallied significantly during the trading session on Friday, as a look like we are threatening a major breakout.

By the end of last week’s trading, gold futures extended their series of gains.

The GBP/CAD bounced a bit during the trading session on Friday as we tested the 50-Day EMA, a technical indicator that a lot of people will be paying close attention to.

The AUD/JPY rallied a bit against the Japanese yen on Friday, slamming into the ¥91 level.

The West Texas Intermediate Crude Oil market has rallied a bit during the trading session on Friday, to reach the $75 level.

The GBP/USD initially dipped a bit during the trading session on Friday, but then turned around after the jobs number slam back into the 1.21 level.

The S&P 500 E-mini contract rallied a bit during the Friday session after the job summer came out, slamming into the 50-Day EMA.

Gold markets have rallied rather significantly during the Friday session after the job summer came out in the United States.