Forex Daily Forecast, Analysis and Prediction

The jump in US Treasury yields helped the US dollar make its biggest daily gain in nearly two months into the start of the new year 2022 trading.

LUNA/USD was able to trade slightly above the 93.00000000 level in early trading this morning, but has produced a slight selloff and this may spur on additional speculative buying.

ADA/USD has traded lower again and has shown little ability to seriously challenge higher resistance realms as it hovers near crucial support.

The West Texas Intermediate Crude Oil market initially plunged on Monday but found buyers at the 50-day EMA.

Natural gas markets initially fell during the day on Monday but then turned around to show signs of strength again in order to break above the $3.83 level.

The DAX Index broke above the €16,000 level on Monday in what looks to be an attempt to continue breaking much higher.

The S&P 500 pulled back initially on Monday, only to turn around and show signs of life again.

The NASDAQ 100 had a strong move on Monday after initially dipping ever so slightly negative.

The euro tried slightly at the open to rally on Monday, but as you can see, we have fallen rather hard since then to crash into the previous support level.

The gold market got absolutely hammered on Monday to kick off the trading year.

The Australian dollar got hit rather hard during the trading session on Monday, as we continue to struggle near the 0.7275 level.

Bitcoin initially tried to rally on Monday, but as you can see, we continue to see resistance just above.

The British pound spent most of the day on Monday falling, as the area around the 1.35 level continues to be important.

The big round number at 115.00 has finally been fully overcome.

The GBP/USD pair pulled back on the back of the overall strong US dollar.