Forex Daily Forecast, Analysis and Prediction

Bitcoin has broken significantly lower during the trading session on Monday to crash through the $40,000 level.

Bitcoin declines for six successive days with no end in sight.

DOGE/USD has fallen to significant short term lows as the price of the speculative cryptocurrency moves quickly around 0.12750000 cents as of this writing.

ETH/USD has fallen sharply in early trading this morning, which has sustained Ethereum’s bearish short and mid-term trends.

The Monero market initially tried to rally on Monday but gave back gains to slam into the $150 level.

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.