Forex Daily Forecast, Analysis and Prediction

At the end of last week's trading, the EUR/USD exchange rate fell by a full percentage to reach the 1.0885 support level, its lowest since May 2020.

Despite the increasing expectations of the chance of an aggressive hike in US interest rates this year, the gold price is in a sharp bullish range.

Investors' flight from risk has increased in light of the prolonged and expanding scope of Russia's military operations, adding to market fears.

In the last trading sessions last week, the GBP/USD exchange rate fell.

ADA/USD continues to challenge lower price levels and nervous technical data may be still causing speculative unease.

BNB/USD has produced a significant amount of volatility as it has correlated to the broad cryptocurrency market which remains nervous.

The euro is the weakest of all major currencies.

The British pound fell again on Friday to reach down towards the 1.32 handle.

The German DAX index gapped lower to kick off the trading session on Friday, as we continue to see all things European get pummeled.

The Bitcoin market fell on Friday as we continue to see a lot of selling pressure near the $45,000 level.

Gold markets went straight up in the air over the last couple of weeks as the Russians continue to invade Ukraine.

Ethereum sold off on Thursday to go below the $2700 level.

Solana drifted a little bit lower on Friday as we continue to see this market struggle for traction.

The West Texas Intermediate Crude Oil market rallied significantly on Friday to break above the $112 level.

The NASDAQ 100 fell a bit on Friday to slice through the 14,000 level.