Forex Daily Forecast, Analysis and Prediction

The WTI Crude Oil market initially tried to drive higher during the trading session on Monday but gave back the gains just below the $55 level to show signs of weakness again.

The US dollar rallied significantly again against the Mexican peso on Monday as there has been a general “risk off” attitude to the markets.

The US dollar initially tried to rally during the trading session on Monday but turned around to fall rather significantly.

The S&P 500 initially gapped lower during the trading session on Monday, but then turned around to fill that gap.

Gold markets rallied rather significantly during the day on Monday, breaking significantly higher as we continue to see a lot of “risk off” trading around the world.

The Euro rallied significantly during the trading session on Monday, reaching towards the 1.1250 level.

The US dollar has been going back and forth against the Mexican peso, and this of course is fairly common as the market features two economies that have a lot of cross-border transactions.

The US dollar against the Swedish krona is an excellent currency pair to trade when it comes to the economic and risk appetite situation around the world.

The Euro against the Canadian dollar is a pair that has been shopping around for some time.

We have recently seen a lot of negativity around the world when it comes to economic numbers and of course financial markets.

The British pound against the Japanese yen pair is a barometer for risk appetite more than anything else under normal circumstances.

NZDUSD analysis: Bullish after significant higher low at 0.6500

AUDUSD analysis: more bullish above 0.6940

USDJPY: very bearish below 108.34

Bitcoin: consolidating below 1-year high near $9k