Forex Daily Forecast, Analysis and Prediction

Crude oil markets continue to look strong overall, but at this point in time we need to pay attention to how the markets closed on Thursday.

The Euro looks like it's building a base against the yen. As you can see, we have pulled back just a bit during the trading session here on Friday, but it's been pretty quiet.

In early trading this morning the USD/MXN is near the 16.57000 level which is within a value realm that was last traded in November and December of 2015.

Holiday trading volumes will affect the broad Forex market today and speculators in the USD/ZAR should also take into account last Friday’s price action was rather thin.

US dollar continues to drop against Mexican peso.

The US dollar has been very volatile against the Norwegian krone during the training session on Friday.

The US dollar has drifted a little bit lower during the trading session on Friday.

Silver was closed during the Friday session, but when we look at the Thursday candlestick, it's obvious that there is a lot of bullish pressure.

The euro has gone back and forth during the trading session on Friday.

The British pound has gone back and forth during the trading session on Friday.

Bitcoin was quiet during the trading session on Friday, which of course is not a huge surprise.

The Australian dollar has gone back and forth during the trading session on Friday.

The EUR/USD exchange rate rose slightly after last Friday’s US inflation gauge.

Bitcoin price remained in a tight range on Monday morning as the countdown to the halving event continued.

The AUD/USD was little changed on Monday as Australia’s markets remained shut for the Easter holiday.