Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 has been rather choppy during the month of October, as we continue to see a lot of noise in the technology sector.

The S&P 500 rallied significantly during the bulk of the month of October, but as we head into the month of November, one of the first things we will see is the Federal Reserve monetary policy statement.

Gold markets have initially tried to rally during the month, but then started to sell off again as traders continue to worry about the overall attitude

Bitcoin: Another Cycle Higher but Nervous Suspicions Remain

USD/ZAR: Stubborn Higher Price Range and Speculative Element

USD/INR: Sustained Higher Realm Glares after Testing Support

At the end of last week's trading, the price of XAU/USD gold declined to trade at a new weekly low at about $1,638 an ounce.

The Euro remained one of the top performing major currencies last week even after the European Central Bank's October decision prompted the market

The GBP/USD exchange rate remained high near its highest levels in the week after the US Federal Reserve's preferred inflation measure dampened expectations

The core measure of US inflation accelerated in September, while consumer spending remained resilient, indicating broad price pressures and strong demand

The Dow Jones Industrial Average continues to rise, as the DOW JONES INDUSTRIAL index rose during its recent trading at the intraday levels.

Spot natural gas contracts (CFDS ON NATURAL GAS) continue in the early trading on Monday, rising since last week, and recording new daily profits until the moment of writing this report.

The USD/TRY hit a new high, with the Turkish Central Bank's decision to lend to companies with large foreign financial assets approaching to enter into force tomorrow.

The USD/MXN has again moved towards lower support, and speculators have another opportunity to wager on the trading range which seemingly endures.

The West Texas Intermediate Crude Oil market did very little during the trading session on Friday, as we have seen a bit of non-volatile trading for a couple of days in a row.