Forex Daily Forecast, Analysis and Prediction

The US dollar initially fell a bit on Monday to reach down towards the 50-day EMA, only to turn around and show signs of strength again.

Bitcoin fell again on Monday as we continue to see people run away from risk in the overall markets.

Gold markets gapped higher to kick off the trading week on Monday and then broke above the $2000 level.

The DAX gapped lower to kick off the week on Monday, showing signs of extreme selling pressure.

The NASDAQ 100 broke down pretty significantly on Monday, initially gapping lower before filling the gap and then plunging.

The S&P 500 initially gapped lower to kick off the trading session on Monday, but then turned around to try to fill that gap before plunging even lower.

The euro fell rather hard on Monday to reach down towards the 1.08 level.

The price is hitting new 15-month lows.

The EUR/USD pair has been under intense pressure in the past few weeks as the ongoing unraveling of the euro continues.

The BTC/USD pair remained under intense pressure amid the ongoing crisis in Ukraine.

The AUD/USD pair retreated in the overnight session as demand for US dollar and other safe havens rose amid the crisis in Ukraine.

Spot natural gas prices (CFDS ON NATURAL GAS) rose during the recent trading at the intraday levels, to achieve new daily gains until the moment of writing this report, by 4.19%.

The Turkish lira fell against the dollar during today's early trading, as investors tended to safe havens, with gold rising to its highest level since August 2020.

The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to record losses in its last sessions, by -0.53%.

At the end of last week's trading, the EUR/USD exchange rate fell by a full percentage to reach the 1.0885 support level, its lowest since May 2020.