Forex Daily Forecast, Analysis and Prediction

In what would have been relatively thin trading on Monday, the WTI Crude Oil market initially pulled back, but found buyers underneath the $70 level in order to support the market.

The US dollar pulled back initially during trading on Monday but found support underneath the ¥111 level to cause a hammer.

The S&P 500 futures markets rallied slightly during all electronic trading as the Americans were away for Labor Day.

Gold prices ended Monday’s session nearly unchanged as the dollar remained firm on worries over the escalating trade conflict between the United States and China.

Get the NZD/USD Forex signal for September 3, 2018 here.

Get the AUD/USD Forex signal for September 3, 2018 here.

Get the USD/JPY Forex signal for September 3, 2018 here.

Get the BTC/USD Forex signal for September 3, 2018 here.

The Euro fell during the trading session on Friday, as we continue to see a lot of concern around the world with trade negotiations and worse yet, trade tariffs against China.

Bitcoin rallied slightly during the trading session on Friday, as we continue to go back and forth around the $7000 level.

The S&P 500 initially tried to rally but rolled over a bit and broke back below the 2900 level as traders were probably focusing more on vacation than anything else.

The US dollar fell during the portion of the Friday trading session but bounced enough to stabilize at the ¥111 level.

The WTI Crude Oil market tried to rally during the day on Friday, but then turned around to form a bit of a shooting star.

Get the USD/CHF Forex signal for September 3, 2018 here.

Get the GBP/USD Forex signal for September 3, 2018 here.