Forex Daily Forecast, Analysis and Prediction

The pair made a bullish breakout to new multi-month high prices.

Bitcoin markets fell rather significantly again during the trading session on Friday, which is not a huge surprise considering that we had formed a couple of shooting stars around the $50,000 level.

The West Texas Intermediate Crude Oil market pulled back a bit during the day on Friday to end the week in a flurry of profit-taking.

The US dollar rallied again during the trading session on Friday, as the oil markets have finally started to show signs of cooling off a bit.

The British pound initially fell rather hard during the trading session on Friday but turned around to recover a bit in order to form a hammer-like candlestick.

The euro fell rather hard during the course of the trading session on Friday, as we have broken down below the 50-day EMA.

The AUD/USD is rising after the latest manufacturing data from Australia and China.

The EUR/USD is bouncing back ahead of the important US and European Union Manufacturing PMI numbers.

Price above $50K will be a bullish sign if reached later.

The pound looks vulnerable to the advancing greenback.

Clear skies offer opportunities for tactical traders.

March is unlikely to achieve February results.

A speculative test of willpower is brewing for traders.

February proved to be a terrific month for WTI Crude Oil speculators with bullish sentiment as targets were exceeded.

The NASDAQ 100 shot higher during the month of February, reaching towards the 14,000 level.