Forex Daily Forecast, Analysis and Prediction

Bitcoin markets rallied during the day on Friday as we have seen the US dollar get hammered.

The S&P 500 rallied significantly during the trading session on Friday as the jobs numbers missed.

The US dollar initially tried to rally during the Friday session but then pulled back significantly to reach below the ¥180 level.

Gold markets went back and forth during the course of the trading session on Friday, breaking above the vital $1350 level.

The WTI Crude Oil market gap higher on Friday to kick off the session and continue to go even higher.

Start the new trading week of June 10, 2019 prepared with our Forex forecast for major currency pairs here!

The Euro initially fell during the trading session on Thursday but found enough support at the 1.12 level to continue the upward momentum and bounce significantly.

The US dollar has shot straight up in the air against the South African Rand during the trading session on Thursday, as we have recently seen less than impressive GDP figures coming out of South Africa.

The US dollar fell initially against the Japanese yen during trading on Thursday but did recover a bit to form a hammer.

The S&P 500 initially pulled back just a bit during the trading session on Thursday, but then shot higher.

The WTI Crude Oil market rallied a bit during the trading session on Thursday, showing signs of life at the 61.8% Fibonacci retracement level.

Gold markets went back and forth during trading on Thursday, grinding away yet again.

NZDUSD analysis: Bullish above 0.6636

AUDUSD analysis: less bullish but supported at 0.6963

USDJPY: Bearish consolidation under 108.51