Forex Daily Forecast, Analysis and Prediction

The S&P 500 fell a bit on Friday, but it must be stated that we found a bit of support at the 4600 level.

The Ethereum market pulled back significantly on Friday to reach down towards the 200-day EMA.

Dogecoin saw a huge influx of volume on Friday to break much higher.

Gold got hammered on Friday as we had initially tried to rally during the day, but it looks as if we are struggling to break out of a significant consolidation area.

The Bitcoin market fell a bit on Friday before turning around and forming a bit of a hammer.

The German DAX Index fell a bit on Friday to reach down towards the €15,850 level.

The GBP/USD pair attempted to make a comeback on Monday as concerns about the Boris Johnson administration remained.

The EUR/USD pair retreated slightly on Friday after the US published relatively weak retail sales numbers.

The BTC/USD pair moved sideways during the weekend as investors attempted to buy the dip following last week’s major crash.

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Gold market sold off rather drastically, but the market then turned around to show signs of life in order to form a bit of a hammer.

The Bitcoin market has pulled back just a bit during the trading session on Thursday as we continue to see a lot of noisy behavior in general.

The WTI Crude Oil market has acted a bit sluggish on Thursday, but that is not a huge surprise considering just how parabolic we have been as of late.