Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 has shot straight in the air during the trading session on Friday, as we have overtaken the 200-Day EMA.

The US dollar has been back and forth during the course of the trading session on Friday as we continue to see a lot of noise against the Japanese yen.

The British pound has struggled with the 1.25 level again during the trading session on Friday, as we continue to see a lot of noise in the same manner.

The CAD/JPY has fallen a little bit during the trading session on Friday but continues to find buyers on dips.

The USD/BRL went into the weekend near the 5.1085 ratio after having challenged mid-term lows earlier on Friday.

The USD/ZAR is near the 17.23300 mark as of this writing as the currency pair traverses a rather tight trading range.

Gold markets have initially fallen during the trading session on Monday, where we had reached the $1920 level, and then ended up bouncing.

Bitcoin reaches new 6-month high price over the weekend.

The USD/JPY price remained in a consolidation phase in the past few days ahead of the upcoming Federal Reserve interest rate decision.

Crude oil markets initially tried to rally on Friday but gave back the initial gains rather quickly as we continue to see a lot of Brownian motion.

The GBP/USD exchange rate remained stuck near its highest level this year as investors waited for an extremely busy week.

The AUD/USD price remained flat on Monday morning as traders braced for an extremely busy week in the financial market.

The EUR/USD went into the weekend near the 1.08655 ratio.

The GBP/USD went into the weekend near the 1.23880 price after demonstrating a rather dynamic week of trading.

Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of January 29th, 2022 here.