Forex Daily Forecast, Analysis and Prediction

The S&P 500 index continues to exhibit strong bullish momentum, hovering around the critical 5000 level.

The US dollar remains bullish against the Japanese yen, with upward pressure persisting and traders capitalizing on positive swap rates.

Bitcoin's price surged during Friday's trading session.

The AUD/USD pair ticked upwards ahead of two important economic numbers from the US and Australia.

The euro experienced a slight decline during Friday's trading session.

Gold markets experienced a modest retreat during Friday's trading session as they aimed to approach the 50-Day Exponential Moving Average.

Bitcoin price continued its strong comeback during the weekend as it approached its highest point this year.

The NASDAQ 100 index has shown consistent support just below its current trading levels.

The GBP/USD exchange rate was flat on Monday morning ahead of crucial US and UK inflation numbers.

Get the weekly Forex forecast for major currency pairs for the week of February 12-17, 2024 here.

The EUR/USD went into the weekend near the 1.07830 ratio.

WTI Crude Oil will start this week of trading having demonstrated an ability to sustain prices above the 76.000 USD level Thursday and Friday of last week.

Weekly Pairs in Focus: WTI, AUD/USD up; S&P 500 strong; EUR/USD at 1.10.

The USD/JPY pair has shown significant strength during Thursday's trading session, with the US dollar continuing to assert dominance over the Japanese yen.

On Thursday, the WTI crude oil market demonstrated resilience yet again, bouncing back amidst ongoing volatility.