Forex Daily Forecast, Analysis and Prediction

The euro broke significant support on Friday as we have seen a stronger-than-anticipated jobs number in the United States.

The GBP/USD pair has been in a strong bearish trend in the past few days as investors focus on the rising risks and the likelihood that the Federal Reserve will embrace a more hawkish tone.

The BTC/USD pair declined slightly during the weekend as last week’s rally evaporated.

The AUD/USD pair has defied gravity in the past few days as global commodities rise.

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Bitcoin has fallen during the trading session on Thursday as the 200 day EMA has shown itself to be far too much to overcome.

Gold markets have gapped higher to kick off the trading session on Thursday but then went back and forth as we continue to see a lot of noisy behavior.

Ripple has fallen a bit during the trading session on Thursday to show signs of exhaustion.

Stellar Lumens has had a rough go over the last several months, as we continue to see plenty of selling pressure.

The West Texas Intermediate Crude Oil market has been all over the place during the trading session on Thursday.

The Euro has broken down again during the trading session on Thursday as the situation in Ukraine continues to deteriorate.

The Aussie dollar has rallied a bit against the US dollar during the trading session on Thursday to jump above the 0.73 level.

The NASDAQ 100 initially shot higher on Thursday but continued to see plenty of selling pressure as the risk is most certainly souring.