Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 fell a bit during the trading session on Monday, reaching down towards the important 7800 level.

Gold markets initially tried to rally during the day on Monday but then drifted a little bit lower.

USDCAD: Still bearish below 1.3186

USDCHF Analysis: Bullish above 0.9946

GBPUSD: Weakly bullish above 1.2336

EURUSD: Bearish below 1.1020 / 1.1000

The gold price today and now is one of the most searched words and monitored items by investors over the past two weeks, with the price of gold reaching the $ 1557 level, the highest in six years.

Risk appetite has contributed to a bullish correction in USD / JPY to reach the 107.22 resistance level, which was hit a month ago, and started trading this week stabilizing around 106.82, pending new catalysts to complete the correction.

Positive developments in the future of Brexit during last week's trading contributed strongly to the strong bullish move for the GBP/USD.

The EUR/USD will remain in a limited range until the ECB's monetary policy decisions are actually announced.

NZDUSD: NZD advancing but by less than the AUD

AUDUSD: Aussie still bullish

USDJPY: More bullish above 106.72

Bitcoin: Bearish descent towards $9,801

The Euro tried to rally during the trading session on Friday but has rolled over after the initial surge post nonfarm payroll.