Forex Daily Forecast, Analysis and Prediction

The XRP price has been under intense pressure in the past few months as concerns about a hawkish Federal Reserve remain.

The Solana (SOL/USD) price sell-off continued during the weekend as concerns about the Fed remained.

The Cardano price has been in a strong bearish trend in the past few months.

The GBP/USD pair jumped to the highest level since November after the mixed jobs numbers from the United States.

The EUR/USD pair tilted higher on Friday as investors reflected on the latest American jobs numbers.

The AUD/USD pair moved in a tight range on Monday morning as investors assessed the impact of the American jobs data on the Fed policy.

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The West Texas Intermediate Crude Oil market has rallied again during the trading session on Thursday, as we have broken above the $79 level.

The US dollar initially rallied against the Canadian dollar during the trading session on Thursday, but as you can see gave up gains near the 1.28 handle.

Gold markets have broken down significantly on Thursday, as we have sliced through the $1800 level like it was not even there.

The S&P 500 has drifted a little bit lower on Thursday to reach down towards the crucial 50 day EMA that currently sits at the 4650 handle.

The NASDAQ has fallen significantly, but then turned around to show signs of support at the 15,600 level.

The German index gapped a little bit lower during the trading session on Thursday, but then fell rather significantly.