Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 pulled back during the early hours on Monday but then turned around to show signs of life as the 200-day EMA offered support.

The Australian dollar went back and forth on Monday, struggling with the 0.75 level yet again.

The German DAX Index initially rallied on Monday to show signs of strength but ran into a bit of a technical barrier in the form of the 50-day EMA.

Bitcoin broke above the crucial 200-day EMA, and perhaps more importantly, the $45,000 level.

The euro fell a bit to kick off the Monday session before turning around and bouncing a bit.

Gold markets fell rather hard on Monday to reach down towards the $1920 level.

Very high volatility hints that a bullish climax has occurred.

The GBP/USD pair retreated sharply during the American and Asian sessions as investors reacted to a major warning about the UK and European economies.

The EUR/USD pair moved sideways as investors watched the upcoming negotiations on Ukraine in Turkey and the performance of the bond market.

The BTC/USD spectacular comeback accelerated on Tuesday morning as US bond yields ticked lower and on-chain metrics improved.

The S&P 500 initially fell on Friday and looked as if it was going to struggle for a bit, only to save itself at the end of the session.

Ripple pulled back ever so slightly on Friday as we continue to walk along the 200-day EMA.

Litecoin pulled back just a bit on Friday as we continue to move back and forth around the $125 level.

The Australian dollar went back and forth on Friday, as we are hesitating just above the crucial 0.75 handle.

The West Texas Intermediate Crude Oil market pulled back a bit on Friday but found buyers to come in and pick the market up.