Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 went back and forth on Monday, which is exactly what the buyers want to see due to the fact that the volatility scares people.

The S&P 500 has seen a couple of days that stabilized the market on both Friday and of course Monday.

The German DAX Index bounced just a bit on Monday as the crucial support region has held.

The GBP/USD pair retreated slightly on Monday as investors continued to reflect on the recent interest rate decision by the Bank of England.

The BTC/USD price jumped to the highest level since January 13th as the broad market sentiment improved.

The AUD/USD crawled back after the Australian government announced further reopening plans.

EUR/USD was on track for a fifth straight gain in the last session of last week's trading and could now have room to reach three-month highs around the 1.15 resistance.

Despite the important and influential events that the gold market was exposed to last week, the gold price showed a distinguished performance as it jumped to the resistance of $ 1815

In the last two trading sessions of last week, the price of the USD/JPY currency pair moved higher with gains to the level of 115.43 before closing trading stable around the level of 115.18.

An important trading week occurred for the price of the GBP/USD currency pair, which jumped towards the resistance level 1.3628, its highest in three weeks.

The Turkish lira was flat against the US dollar, which rose against most of the major emerging market currencies.

Despite the index's decline in its last two sessions, it succeeded in closing with a second consecutive weekly gain of 1.05%.

Natural gas futures weakened again on Friday, as mid-February weather forecasts continued to rise.

XRP/USD has kept its short-term bullish trend on a rather steady pace and upwards momentum grew in stature over the weekend.

DOGE/USD has continued to climb and incrementally break short-term resistance levels, but an important price range is now within sight.