Forex Daily Forecast, Analysis and Prediction

The price is trading at a new 8-month low on high volatility.

The EUR/USD retreated in the overnight session as global risks continued rising and as US bond yields rose.

The AUD/USD declined as investors reflected on the growing risks of a US government shutdown and stagflation.

The Euro has drifted lower during the bulk of the month of September, reaching down towards the 1.17 level.

The NASDAQ 100 has been in an uptrend for what seems like ages, and I think that might continue to be the case.

The S&P 500 has been drifting a little bit lower over the last several weeks, as September has been a little bit difficult.

The US dollar has rallied significantly in September against the South African Rand, setting up a potential attempt to break out above a resistance barrier.

Gold markets have been slumping during most of the September month, reaching down towards the $1750 level multiple times.

The AUD/USD tilted higher as investors cheered the ongoing vaccination progress in Australia and the reopening plan in New South Wales (NSW).

The BTC/USD pair remained under pressure as investors waited for the next catalyst for the cryptocurrency.

The GBP/USD held steady in the overnight session as fears of higher inflation in the UK rose after crude oil and natural gas prices jumped.

The EUR/USD pair is hovering near the lowest level since the end of August as investors reflect on the German election.

The US dollar has initially tried to rally against the Canadian dollar on Monday, but then fell towards the 200 day EMA.

The West Texas Intermediate Crude Oil market has rallied significantly on Monday to kick off yet another bullish trading session.

The FTSE 100 has gone back and forth during the course of the trading session on Monday to show indecision right around the 50 day EMA yet again.