Forex Daily Forecast, Analysis and Prediction

The Dow Jones 30 remains within its higher value range.

The USD/ZAR opened yesterday’s trading with a solid test of support levels near the 14.50000 level, which then saw a prompt reversal take place higher.

The USD/PKR may appear rather consolidated to many traders in the Forex market.

The USD/SGD continues to vanquish support levels.

The US dollar initially fell during the trading session on Monday to plunge below the 5.20 level, before turning around and shooting straight to the upside.

The US dollar had a rough trading session initially on Monday as it plunged below the ₹73 level.

The Bitcoin markets initially pulled back during the trading session on Monday, but then found massive amounts of volume to the upside during the day to reach as high as $34,800 at the peak.

The NASDAQ 100 initially tried to rally during the trading session on Monday, but turned around to break through the uptrend line.

The S&P 500 initially tried to rally during the trading session on Monday but then sold off drastically, as we see many concerns when it comes to the Senate runoff election in Georgia.

Aussie remains one of the strongest major global currencies.

The West Texas Intermediate crude oil market initially rallied early on Monday to reach towards the $50 level, an area that will attract a lot of attention because it is a large, round, psychologically significant figure.

The Australian dollar initially tried to rally during the trading session on Monday, but gave back the gains at the highs from the Friday candlestick.

Gold markets have gapped higher to kick off the trading session on Monday and to start off the new year on the right foot.

The euro gapped higher to kick off the year, showing signs of strength, and then took right off to slam into the 1.23 level by midday.

The British pound initially tried to rally during the trading session on Monday, and even broke a bit higher during the day as it peaked above the 1.37 handle.