Forex Daily Forecast, Analysis and Prediction

The free collapse of the GBP/USD currency pair continues, and its losses reached the 1.1742 lowest support level for the currency pair in nearly 30 months.

Gold futures continued their longest losing streak since July, as the rise of the US dollar led to the decline of the yellow metal at the beginning of this week's trading.

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Spot natural gas prices (CFDS ON NATURAL GAS) continued to rise in recent trading at intraday levels, to achieve daily gains until the moment of writing this report, by 2.38%.

The Dow Jones Industrial Average closed sharply lower during its recent trading at the intraday levels, to record losses for the second consecutive session, by -1.91%.

The West Texas Intermediate Crude Oil market has fallen rather hard during the trading session on Monday but then turned around to show signs of life.

ETH/USD has done very little during the trading session on Monday, as we continue to see the market look as if it is threatened.

The USD/JPY rallied a bit during the trading session again against the Japanese yen on Monday, as we continue to see a lot of upward momentum.

The AUD/USD has initially rallied during the trading session to show signs of bullish pressure, breaking above the 0.69 level.

The S&P 500 plunged significantly during the trading session on Monday, as we have seen a lot of negativity.

The NASDAQ 100 has fallen hard during the trading session on Monday, as we continue to see a lot of negativity.

Bitcoin has drifted a little bit lower during the trading session on Monday, losing 1%.

The German index plunged drastically during the trading session on Monday, losing over 2.25%.

The Indian Rupee continues to lose ground to the USD in Forex and as of this morning a value of 79.8700 is being demonstrated.

The EUR/USD price plummets through blue sky to new 19-year lows which have not been seen since 2022, well below parity.