Forex Daily Forecast, Analysis and Prediction

DOGE/USD is trading below 12 cents as of this writing and speculative nervousness is clearly being demonstrated within the cryptocurrency.

LUNA/USD has traded lower and is near important shor- term depths, as its influencers and speculators grapple with nervousness in the broad cryptocurrency market.

Ethereum initially tried to rally on Monday but gave back gains to crash into the $2500 level.

Monero initially tried to rally on Monday but found plenty of sellers near the $175 level to turn things around and show signs of exhaustion.

The West Texas Intermediate Crude Oil market initially gapped for the open on Monday and then shot all the way up to the $130 region.

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.