Forex Daily Forecast, Analysis and Prediction

LUNA/USD dove to long-term low values in early trading this morning, as a combination of nervousness and fundamental selling hit Terra.

Gold futures ended the last trading week with a rise around the level of $ 1892 an ounce. The lowest price for gold was after raising the US interest rate to the level of $ 1851 an ounce.

The US dollar index DXY stalled as other currencies in the gauge found support after the US non-farm payrolls report showed a continued recovery in employment.

The pound sterling suffered a significant loss in its value against the euro, the dollar, and other major currencies last week.

For three trading sessions in a row, the price of the EUR/USD currency pair tried to rebound higher to compensate for its losses that brought it to its lowest level in five years.

The Turkish lira continues to decline against the US dollar, which is witnessing great demand from investors.

Spot natural gas prices (CFDS ON NATURAL GAS) rebounded in their recent trading at the intraday levels, to achieve daily gains.

The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to record losses for the second day in a row, by -0.30%, to lose about 98.60 points.

DOGE/USD has stumbled to new short term lows in early trading this morning, as nervous sentiment in the broad cryptocurrency markets picks up momentum.

ETH/USD suffered another weekend of strong selling, and its price has shown signs of rapid lower moves as values have broken through key levels.

There is a pivotal zone above $28,607.

Bitcoin fell a bit on Friday to show signs of weakness but also turned around as the US dollar calmed down quite a bit.

The gold markets initially fell on Friday but then turned around to show signs of life.

The West Texas Intermediate Crude Oil market initially pulled back on Friday but then turned around to show signs of strength yet again.

The S&P 500 fell Friday and the jobs number came out better than anticipated, suggesting that perhaps the Federal Reserve is willing to continue its tightening policy.