Forex Daily Forecast, Analysis and Prediction

After sharp selling last week, the USD/JPY currency pair was pushed towards the 131.73 support level.

For three trading sessions in a row, the GBP/USD currency pair is subjected to selling operations, as a result of which it settled around the 1.2105 support level.

With the start of this week's trading, the price of the EUR/USD currency pair completed the downward path, closing last week's trading around the support level 1.0232.

The Dow Jones Industrial Average Index continued to rise during its recent trading at the intraday levels, to achieve gains for the third consecutive day, by 1.27%.

The USD/TRY remains mired within a long term bullish ride upwards, as Turkish economic policy remains mismanaged.

The USD/INR has offered speculators a rather interesting technical opportunity the past week, but conditions remain volatile and can produce sudden surprises.

The ETH/USD currency pair rallied slightly Friday as we continue to see the Ethereum market recover.

The US dollar rallied during the Friday session to show signs of life again against the Japanese yen.

The BTC/USD currency pair rallied ever so slightly on Friday as we continue to grind back and forth.

The GBP/USD currency pair fell a bit on Friday to close out the week on its back foot.

The EUR/USD currency pair fell a bit on Friday as we continue to see a lot of concern around the world.

The S&P 500 Index rallied quite nicely on Friday, and we threatened the top of the shooting star from the previous day.

The NASDAQ 100 Index rallied a bit again on Friday as we continue to see the market “climb the wall of worry.”

The West Texas Intermediate Crude Oil market fell a bit on Friday as the 200-day EMA has offered a bit of trouble.

Gold markets rallied a bit on Friday to reach toward the $1800 level in the spot market.