Forex Daily Forecast, Analysis and Prediction

With the beginning of the new week’s trading, the price of EUR/USD is still suffering from downward pressure.

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

The Dow Jones Industrial Average jumped, rising in its recent trading at the intraday levels to achieve sharp gains in Wednesday's trading by 1.65%.

SHIB/USD has suffered from a strong bearish trend during January, and as the month of February gets ready to start, dangerous lows are being tested.

BNB/USD has traded lower this morning following in the steps of the other major cryptocurrencies as nervousness seemingly erupts again.

In late trading on Sunday XRP/USD slipped lower and fell through the 60 cents level, which brings important long-term support levels into view.

XRP/USD is trading within sight of important July 2021 values as Ripple has continues to traverse lower and test important support levels.

The Turkish lira rose during the early trading of the day to reach its highest level in ten days.

Support at $1.3441 looks likely to be pivotal today.

The S&P 500 initially fell on Friday, but it looks like we are trying to stabilize a bit near the 4250 level.

The British pound initially rallied on Friday but gave back gains as we continue to see plenty of exhaustion to the downside.

The euro went back and forth on Friday as we tried to stabilize after the massive selloff during the Thursday session.

The Ethereum market rallied pretty significantly in the sense that we are closing at the top of the range.

The NASDAQ 100 dropped a bit on Friday to test the bottom of the overall consolidation range.

The US dollar initially pulled back just a bit on Friday only to turn around and show signs of strength yet again.