Forex Daily Forecast, Analysis and Prediction

The DAX broke down significantly during the trading session on Monday, breaking below the 50-day EMA rather easily.

The FTSE 100 got hammered on Monday, just as almost all risk assets did.

The West Texas Intermediate Crude Oil market broke down significantly during the trading session on Monday as OPEC+ came to an agreement to increase crude oil production.

The S&P 500 fell hard during the trading session on Monday to show signs of exhaustion, as the markets have gotten a bit ahead of themselves.

NASDAQ 100 traders woke up to a very negative move during the trading session on Monday, as the electronics session had seen selling almost immediately.

The British pound broke down significantly during the session on Monday as we saw a major breakdown during the trading session.

The US dollar was the star of the Forex world during the trading session on Monday as there was a major “risk off” situation during the session.

The gold markets fluctuated during the trading session on Monday as the 200-day EMA continues to be a bit of a magnet for pricing, so it is not a huge surprise to see that we came back to this level.

The Australian dollar broke down significantly during the trading session on Monday, slicing through the 0.74 level like it was not even there.

The Bitcoin market initially tried to rally during the trading session on Monday but fell yet again.

The GBP/USD crashed to the lowest level since April 12 as panicked investors rushed to the safety of the US dollar.

The BTC/USD pair crashed below the 30,000 support level on Monday as global markets crashed.

The price is weakly bearish below 1.1800.

Gold futures are on track to capture a three-session winning streak at the close of last week's trading.

The bears tried to control the performance of the USD/JPY currency pair during last week's trading, but its losses stopped at the support level of 109.71.