Forex Daily Forecast, Analysis and Prediction

AUD/USD: Zone near 0.5950 will be key

USD/JPY: Dollar stronger safe haven than Yen

Bitcoin initially surged during the opening hours on Friday, but as I had been talking about previously, the first major resistance barrier was going to be at the $7000 level.

The US dollar initially fell during the trading session on Friday but found enough support underneath the turn things around and show signs of life.

The NASDAQ 100 shot higher during the trading session on Friday but gave back the gains as the market get closer to the 7600 level.

The Australian dollar initially tried to rally during the trading session on Friday but found a lot of resistance near the 0.60 level as one would expect.

The S&P 500 has had a rough trading session on Friday but that shouldn’t be a huge surprise considering that the session was also the “quadruple witching Friday

The Euro initially tried to rally during the trading session on Friday, reaching as high as 1.08 and above.

The British pound had a nice rally during the trading session on Friday but gave back a significant portion of the gains.

Gold markets have had a tough trading session on Friday, but at one point were rather bullish.

BTC/USD: Weakly bearish

GBP/USD: New 35-year low price last week

EUR/USD: New 2.5-year low price

The West Texas Intermediate Crude Oil market initially tried to rally during the day on Friday, reaching towards the $27.50 level before giving back gains

A rush to liquidity boosted the US Dollar, with the US Federal Reserve pumping trillions into the financial system.