Forex Daily Forecast, Analysis and Prediction

The NEO/USD market fell significantly on Monday as it looks like we are going to fall and reach towards the $20 level.

The DAX Index initially tried to rally at the open on Monday, but as we continue to see tensions flare up on the Ukrainian border, this has Europeans selling everything that they are touching hand over fist.

The S&P 500 fell rather significantly on Monday as we gapped lower, turned around to fill the gap and even gain significantly above there, and then sold off again.

The NASDAQ 100 gapped lower in electronic futures trading on Monday, turned around to show signs of recovery, and then fell apart after that.

The GBP/USD pair remained in a tight range in the Asian session as investors continued focusing on Ukraine’s crisis and positive economic numbers from the UK.

The EUR/USD pair was little changed in the evening session as the crisis in Europe continued and after the positive European Union data.

The AUD/USD pair was little changed after more signs emerged that the Australian economy was doing well.

Futures prices ended the week higher thanks to a cooler outlook in early March, although they lost some ground late in the week.

The lira stabilized during today's early trading, without major changes.

By the end of last week's trading, gold futures struggled to stay above the critical $1900 resistance level.

Amid increasing appetite for safe havens, as well as the temporary abandonment of the US dollar, and the recent FOMC minutes, the USD/JPY was sold off.

The British pound settled above a key level against the US dollar after UK retail sales for January beat analysts' expectations.

The EUR/USD rate benefited significantly when the European Central Bank indicated in February that a significant shift in its monetary policy may be in the pipeline, and potential differences with the Fed's policy process could eventually help the pair's recovery.

SOL/USD created fresh short term lows on Saturday, as Solana has largely mirrored nervous sentiment being generated in the broad cryptocurrency marketplace.

ADA/USD has taken a turn for the worse regarding its value, as it has broken through long-term lows and is challenging values not seen in one year’s time.