Forex Daily Forecast, Analysis and Prediction

The West Texas Intermediate Crude Oil market initially tried to rally during the day on Friday in a way to continue the overall uptrend.

The US dollar has fallen a bit against the Canadian dollar during the trading session on Friday, as there has been a little bit of a relief rally when it comes to risk appetite around the world.

The Bitcoin market was initially positive during the trading session on Friday, as there was more of a “risk on attitude” around the world.

The Euro has rallied a bit heading into the weekend, which of course is a bullish sign.

The AUD/USD pair was a bit volatile on Monday morning as investors assessed the impact of the latest ban of some Russian banks from the SWIFT system.

The DAX futures have gapped higher to kick off the trading session on Friday as a bit of relief has come back into the markets now that the situation in Ukraine seems to be somewhat localized.

The S&P 500 rallied rather significantly during the course of the trading session on Monday to go reaching towards the 200 day EMA.

Litecoin has dropped just a bit during the trading session on Friday to reach down towards the $100 level, but at this point in time it looks as if it is going to continue to find interest in this region.

The Ethereum market initially pulled back just a bit during the trading session on Friday but found plenty of buyers just above the $2500 level to keep things stable.

The US dollar has pulled back just a bit during the trading session on Friday against the Singapore dollar, but we are still relatively strong looking

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The S&P 500 has initially sold off during the trading session, reaching down towards the 4100 level before rallying quite drastically.

The NASDAQ 100 has been wild all trading session during the day on Thursday as the markets have been all over the place due to the Russians invading Ukraine.