Forex Daily Forecast, Analysis and Prediction

The past handful of days has seen consolidation exhibited within the USD/INR with a slight reversal higher, but the current price range remains in bearish territory.

Critical mid-term resistance is clearly within sight for XRP/USD technical traders this morning as the broad cryptocurrency market remains stable.

The price again is trading above $50k area.

Cardano has taken a rather calm turn the past handful of days as it remains within the loftier realms of its range and beckons traders.

There is potential new support at 1.3843.

The AUD/USD rose for the fifth consecutive day as investors continued focusing on the latest American non-farm payroll numbers.

The EUR/USD price maintained an upward trend on Monday morning as investors reacted to the relatively mixed US employment numbers.

The FTSE 100 fluctuated on Friday as we continue to see a lot of noisy behavior between two competing areas of interest.

The S&P 500 fluctuated on Friday as we continue to hang about the 4500 level.

The 200-day EMA has been pierced but we pulled back just a bit from there.

Gold markets rallied significantly on Friday to reach towards the $1835 level, an area that has been important resistance more than once.

Bitcoin initially pulled back on Friday but then turned around to show signs of strength again as it took out the $50,000 level.

The British pound rallied significantly on Friday as the jobs number disappointed.

The euro rallied significantly on Friday as the jobs number came out much weaker than anticipated.

The West Texas Intermediate Crude Oil market initially tried to rally on Friday but gave back the gains as the jobs numbers came out horrible.