Forex Daily Forecast, Analysis and Prediction

Gold futures are struggling to stay in positive territory despite a stronger US dollar and higher Treasury yields.

In the same vicinity of the closing of last week’s trading, the price of the USD/JPY currency pair settled at the beginning of this week’s trading,

Spot natural gas prices (CFDS ON NATURAL GAS) stabilized on the rise during the recent trading at the intraday levels.

The Turkish lira rose during the early trading today, although it moved at the same weak pace that continued to decline during the past two weeks.

The Dow Jones Industrial Average rose during its recent trading at the intraday levels, to achieve gains for the second day in a row, by 0.40%, to gain about 137.55 points.

BNB/USD has begun trading today near important lows, as broad cryptocurrency price action has taken a nasty turn downwards and sentiment is being tested.

AVAX/USD has fallen to fresh lows in early trading, and it is now pressed up against important mid-March support which should be watched.

The Ethereum market initially rallied on Friday but then turned around to show signs of exhaustion.

Neo drifted lower on Friday as we continue to see negativity in this market.

The British pound fell significantly on Friday as we have sliced through the 1.30 handle.

The euro plunged on Friday to show signs of weakness yet again but did recover a bit towards the end of the day.

The West Texas Intermediate Crude Oil market went back and forth on Friday to form a bit of a hammer.

Gold markets rallied a bit on Friday to reach the $1950 level, an area that will be important to pay attention to not only because it is considered to be a “midcentury mark”, but it is also an area where we have seen resistance previously.

Bitcoin initially fell a bit on Friday to test the 50-day EMA, only to turn around and show signs of life.

The S&P 500 went back and forth on Friday to show signs of neutrality, as we closed essentially unchanged.