Forex Daily Forecast, Analysis and Prediction

The Turkish lira rose during European trading from today, Thursday, to compensate for its early losses with the opening of the markets.

The British pound appears vulnerable to further losses against the dollar, which is an unsurprising result given recent trends, but also against the euro, which now appears less vulnerable to war in Ukraine.

The price of the EUR/USD currency pair was not happy with the bullish rebound attempts last week. It

Spot natural gas prices (CFDS ON NATURAL GAS) decreased during the recent trading at the intraday levels, to record daily losses until the moment of writing this report, by -4.44%.

The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to record new losses in its last sessions, by -0.69%.

There is a potential short-term double bottom at $1.0900.

BNB/USD remains under pressure in the short term as the cryptocurrency reacts to nervousness being displayed across the broad digital asset market.

Dogecoin finds itself traversing important support levels this morning after a quick spike upwards in late trading yesterday proved to be short-lived.

The BTC/USD pair remained in the tight range it has been in the past few weeks.

The AUD/USD pair remained under intense pressure last week after the strong American inflation data and as demand for safe havens rose amid the fighting in Ukraine.

The GBP/USD pair crashed to the lowest level since November 2020 as investors embraced the US dollar as a safe haven.

The German DAX Index initially tried to rally after gapping lower, reaching towards the €14,000 level.

The Ethereum market rallied initially on Friday but gave back the gains to show somewhat weak price action.

The market for Stellar Lumens has been rather weak for a while, and these last couple of days have not been any different.

The S&P 500 initially tried to rally on Friday but gave back gains as we continue to struggle in general.