Forex Daily Forecast, Analysis and Prediction

Direction is relatively uncertain on a quiet Monday.

The euro has shown itself to be very bullish on Friday to break towards the 1.1360 level.

The British pound rallied significantly on Friday to reach towards the 200-day EMA.

The Ethereum market got hammered again on Friday, reaching down towards the $3100 level.

The NASDAQ 100 fell rather hard on Friday as interest rates continue to climb.

The S&P 500 initially fell on on Friday in reaction to the jobs number being so poor.

The US dollar got hammered against the Canadian dollar on Friday as both countries released their jobs numbers.

Gold markets have fallen a bit on Friday to break down below the bottom of the candlestick from the Thursday session.

The Australian dollar initially fell on Friday but found enough buying pressure underneath to turn things around and form a hammer.

Bitcoin markets fell again on Friday, as Bitcoin reached towards the crucial $40,000 level.

The West Texas Intermediate Crude Oil market rallied initially on Friday as one would expect, due to the significant momentum that we have seen to the upside.

The XRP price has been under intense pressure in the past few months as concerns about a hawkish Federal Reserve remain.

The Solana (SOL/USD) price sell-off continued during the weekend as concerns about the Fed remained.

The Cardano price has been in a strong bearish trend in the past few months.

The GBP/USD pair jumped to the highest level since November after the mixed jobs numbers from the United States.