Forex Daily Forecast, Analysis and Prediction

The early hours of Monday have seen very little movement in the US dollar as the market remains extremely tight and range-bound due to ongoing choppy behavior.

February 27, 2023. Gold Forecast and Analysis of the price of gold XAU/USD today

With no economic updates made throughout the session, the S&P 500 saw virtually little action in the early hours of Monday.

Monday's trading session saw a slight early rally in the euro as there was still a lot of erratic behavior.

The Australian dollar has been floating aimlessly for the whole of Monday's trading session.

We are so oversold that it appears like we are trying to build up a base because eventually someone is going to jump in and buy this.

The early hours of Monday's trading session saw some negative movement in silver as we continue to move in what appears to be a fairly well-defined consolidation region.

The gold markets began Monday's trading session with a slight downward slide as the short-term movement remains somewhat erratic.

The early hours of Monday saw a little decline in the price of crude oil, but it later recovered and began to show signs of life.

During Monday's trading session, Bitcoin slightly declined at first, but it later recovered and began to show signs of life once more.

The US dollar has plunged against the ruble 3% in early trading on Monday, as we see the market dig into the 92 region.

GBP/USD Signal 27 february 2024

BTC/USD Signal 27 february 2024

AUD/USD Signal 27 february 2024

Gold prices started this week's trading stable around the $2036 resistance level.