Forex Daily Forecast, Analysis and Prediction

The West Texas Intermediate Crude Oil market has initially tried to rally again during the day on Friday, but as we have seen multiple times, the market has fallen apart, and it looks like we are seemingly hell-bent on going down to the $70 level.

The S&P 500 has done very little during the day on Friday, as we continue to see a lot of noisy behavior.

The GBP/USD price was wavering on Monday as investors waited for the most economic events of this month.

The BTC/USD price continued to consolidate during the weekend amid signs that investors were withdrawing their coins in record numbers.

The Indian Nifty 50 has pulled back to the ₹18,500 level during Friday trading.

The NASDAQ 100 has gone back and forth during the trading session on Friday, as we continue to hang around the 50-Day EMA.

The AUD/USD rose on Monday morning as investors repositioned for the upcoming US consumer inflation data and Federal Reserve interest rate decision.

The BTC/USD continues to be dead money, as we are simply trading in a very tight range.

The gold market has rallied a bit during the trading session on Friday, as we continue the threaten the crucial $1800 level.

The EUR/USD has gone back and forth during the trading session on Friday as we continue to ask serious questions of the 1.06 level.

The GBP/JPY rallied a bit during the trading session on Friday, as we continue to see upward pressure overall.

The GBP/USD rallied a bit during the trading session on Friday, even though inflation numbers in the United States came out a little bit hotter than anticipated.

The AUD/USD rallied a bit during the trading session on Friday, as we reached the 200-Day EMA area yet again.

My previous EUR/USD signal on 24th November was not triggered, as the bullish price action took place just below $1.0406.

The EUR/USD will begin trading near the 1.05325 price range when the markets open on Monday.