Forex Daily Forecast, Analysis and Prediction

Gold futures snapped a four-day losing streak and settled slightly higher at the end of last week's trading, as the US dollar gave up some of its strength

The Dow Jones Industrial Average jumped up during its recent trading at the intraday levels, to achieve sharp gains in its last sessions, by 2.68%, to gain about 823.32 points and settle at the end of trading at the level of 31,500.69.

Spot natural gas prices (CFDS ON NATURAL GAS) declined in their recent trading at the intraday levels, to record daily losses until the moment of writing this report, by -1.44%.

The lira rose strongly during trading on Friday, to complement its strong rise against the dollar, with the markets returning to trading on Monday.

XRP/USD has come off of highs in the past day of trading, and the cryptocurrency also remains locked within a rather suspicious and seemingly nervous price range.

DOT/USD has slumped the past handful of hours, after reaching a high water mark of nearly 8.4750 in early trading on Sunday.

The best opportunities are likely to be fading key levels.

The Aussie dollar rallied a bit on Friday as we continue to see a lot of noisy behavior in most markets.

The S&P 500 rallied a bit on Friday as we continue to see a bit of a relief rally.

The Bitcoin market did very little on Friday, as we are hanging about the $21,000 level.

The gold markets fell initially on Friday only to turn around and show signs of life.

The Ethereum market rallied nicely on Friday to show signs of life, as we have broken above the $1200 level.

EOS had a very slow day on Friday as cryptocurrency in general continues to be a bit of a wasteland.

The West Texas Intermediate Crude Oil market rallied a bit on Friday as we had been testing a major uptrend line.

The US dollar rallied on Friday to close out the week against the rupee.