Forex Daily Forecast, Analysis and Prediction

Bitcoin: First signs of a potential temporary bottom near $20k.

EOS has broken down below the $1.00 level, and it does suggest that the market is ready to go much lower.

The West Texas Intermediate Crude Oil market has had a very volatile trading session, dipping down to the $117 region, before turning around and showing signs of life near the $120 level.

Ripple has continued to nosedive as does the rest of crypto and now looks very likely to reach the $0.20 level based upon previous support.

The NASDAQ 100 has fallen hard again on Monday, as we continue to see a lot of negativity in the marketplace.

The S&P 500 has broken through the 3800 level, and it now looks as if we are in complete meltdown mode.

Bitcoin has finally chewed through the support level that we had been sitting on for a couple of weeks, showing that Bitcoin has nowhere to go but lower.

The British pound has fallen significantly during the Monday session as the 1.22 level has been pierced, just as the recent lows have been broken.

The Euro has fallen again during the trading session on Monday to reach near the 1.04 level.

The German index has lowered to kick off trading on Monday and then fell straight down to the floor.

Gold markets tried to go higher at the open on Monday but have found so many sellers out there that they have collapsed and slammed into the bottom of the overall range

The hopes of euro investors quickly evaporated in the recent hawkish statements from European Central Bank officials headed by Lagarde

The pound fell against the dollar GBP/USD after US inflation outpaced the Fed's view of the market.

The strong and continuous signals for the future of raising US interest rates throughout 2022 contributed to the continuation of the bullish momentum of the USD/JPY currency pair

Gold futures turned strongly positive, stunning many traders and analysts, as higher-than-expected US inflation sent investors to the safe-haven assets.