Forex Daily Forecast, Analysis and Prediction

Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of April 21, 2019.

The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits.

Check out our weekly Forex forecast focusing on major pairs to pay attention to during the week of April 21, 2019 here.

The Euro fell rather hard during the trading session on Thursday as the US dollar strength and quite considerably.

Bitcoin markets rallied slightly during trading on Thursday as we continue to see a bit of an upward tilt.

The S&P 500 initially fell during trading on Thursday but found buyers after we broke down below the 2900 level.

The US dollar pulled back a bit during thin trading on Thursday as we head into the Easter weekend.

With very limited electronic trading, Friday probably will produce much in the way of action when it comes to the WTI Crude Oil market.

Gold markets went back and forth during the trading session on Thursday as we continue to see the $1275 level offer significant support.

GBP/USD is still stable near 1.3000 psychological support and moving below it will support the strength of the bearish trend.

For the second day in a row, the GBP/JPY pair is trading in a limited range between the 145.80 and the 146.28 levels awaiting any new news regarding the Brexit's fate.

Prior to the market holiday for the Great Friday, the Euro will be watching the announcement of the purchasing managers' indexes for the industrial and services sectors of the Euro-Zone economies.

Get the NZD/USD Forex signal for April 18, 2019 here.

Get the AUD/USD Forex signal for April 18, 2019 here.

Get the USD/JPY Forex signal for April 18, 2019 here.