Forex Daily Forecast, Analysis and Prediction

A major breakdown is likely if $1.3000 gives way.

DOGE/USD has jetted lower and is now near extremely important low water marks as nervous sentiment threatens to overtake the cryptocurrency market again.

The USD/JPY is touching new long-term highs, and technical traders who are considering direction may feel as if they are looking into the clouds for answers.

The British pound initially fell on Monday to test the 1.30 handle before bouncing and showing signs of life.

Ethereum fell rather significantly on Monday, initially trying to rally before selling off.

Polkadot fell hard on Monday as crypto got crushed.

The S&P 500 futures market fell on Monday to slice through the 50-day EMA.

The euro gapped higher to kick off the trading session on Monday but then turned around to fill that gap rather quickly.

The US dollar rallied significantly on Monday to break above the top of a shooting star candlestick from Friday.

The Euro Stoxx 50 went sideways over the last three trading sessions as we hang about the €3750 region.

The Bitcoin market broke down significantly on Monday as we kicked off the week on the wrong foot.

The gold markets rallied significantly on Monday but gave back the gains rather drastically as the interest rates in America shot up straight in the air again.

The West Texas Intermediate Crude Oil market fell on Monday to pierce a significant uptrend line.

The BTC/USD pair crashed hard during the American and Asian sessions as macro concerns continued.

The EUR/USD pair declined as investors reflected on the latest France election and the upcoming US and Germany consumer inflation data.