Forex Daily Forecast, Analysis and Prediction

Get the GBP/USD Forex signal for September 18, 2018 here.

Get the EUR/USD Forex signal for September 18, 2018 here.

Get the USD/CAD Forex signal for September 18, 2018 here.

The Euro rallied significantly during the trading session on Monday but remains below this downtrend line that I have drawn on the daily chart.

Bitcoin has fallen again during trading on Monday, reaching down to the $6300 level.

The WTI Crude Oil market went back and forth during the trading session on Monday, essentially going unchanged by the time we closed.

The US dollar did very little against the Japanese yen on Monday as traders continue to worry about the impending tariffs being slapped on the Chinese by the Americans, as the pair tends to be very sensitive to trading in Asia and of course stock markets in general.

The S&P 500 fell a bit during the trading session on Monday, drifting down towards the 2900 level.

Gold prices ended Monday’s session up $7.11 an ounce, helped by a weaker dollar, but the precious metal turned negative early on Tuesday after U.S. President Donald Trump announced a new round of tariffs on about $200 billion worth of Chinese imports.

Get the NZD/USD Forex signal for September 17, 2018 here.

Get the AUD/USD Forex signal for September 17, 2018 here.

Get the USD/JPY Forex signal for September 17, 2018 here.

Get the BTC/USD Forex signal for September 17, 2018 here.

The EUR/USD pair tried to rally during the day on Friday but found far too much in the way of resistance near the 1.1725 level.

Bitcoin did very little during the trading session on Friday, as we continue to hang about low levels.