Forex Daily Forecast, Analysis and Prediction

The EUR/USD price continued its rebound as investors refocused on the upcoming EU inflation data and the ECB interest rate decision.

The BTC/USD price rose to an important resistance level as the mood among investors rose.

The USD/CAD has produced a rather deep sea of volatility in the past week, and trading conditions this week may deliver additional opportunities for those who want to wager.

The USD/JPY has come off of highs made in the middle of last week, but the currency pair remains locked within the upper tier of its long term price range.

The Turkish lira fell against the dollar to trade near its lowest level ever, after early data showed that the country's central government budget deficit rose by about 31 billion lira during the past year.

Spot natural gas prices increased in their recent trading at the intraday levels, to achieve new daily gains until the moment of writing this report by 1.32%.

The Dow Jones Industrial Average rose during its recent trading at the intraday levels, breaking a series of losses that continued for five consecutive sessions, achieving gains in the last of them by 2.15%.

Gold futures failed to join the general market rally at the end of last week's trading, as a slew of positive economic data lifted investor sentiment.

We expected the price of the USD/JPY currency pair to move towards the 140.00 psychological resistance as soon as the bulls breached the 137.75 resistance level.

The exchange rate of the GBP/USD fell further last week but with the dollar now facing technical resistance against the euro and the Swiss franc, the US dollar index may be in danger of running out of momentum.

During last week's trading, the price of the EUR/USD declined to trade around the support 0.9950, which is the lowest level in 20 years.

The S&P 500 initially pulled back a bit Friday but then turned around to break above the 3850 level.

The FTSE 100 initially pulled back a bit on Friday but then turned around to show signs of strength.

The German DAX Index rallied a bit Friday as we continue to pay close attention to the €12,500 level.

Gold markets went back and forth Friday as we continue to see a lot of noisy behavior.