Forex Daily Forecast, Analysis and Prediction

USD/ZAR: From Bad to Much Worse Nervous Behavioral Sentiment

The TRY/USD stabilized during early trading on Monday morning.

USD/INR: Bullish Trend Past Month Challenging Apex Highs Now

The USD/JPY moved higher going into the weekend, and in early trading this morning the currency pair sustained its upwards momentum.

The NASDAQ 100 has broken above a major resistance barrier during the month of February, only to turn around and show signs of weakness.

The S&P 500 has reached all the way up to the 4200 level during the course of the month of February, but then pulled back rather significantly.

Gold markets have plunged during the month of February, suggesting that perhaps the US dollar is trying to claw back in strength.

Bitcoin: Buyers Remain as Skeptics Watch, Speculate and Wait

Expectations about the future of the American interest rate increase followed a series of consecutive positive figures for the sectors of the American economy.

XAU/USD gold futures extended losses at the end of the shortened trading week.

The Japanese yen was near the bottom of the group of major currencies in the last session of last week's trading.

The GBP/USD exchange rate retreated to key support levels on the charts in the last trading session of last week.

The USD/ZAR has continued to move upwards, creating a rather dynamic trend for bullish speculators as it seemingly creates a solid ground above 18.40000.

The USD/JPY made an interesting move during Friday's session, as it was sold down to the 200-Day EMA, only to bounce back up again.

The USD/MXN bounced a bit during the trading session on Friday, as we continue to see a lot of volatility in this market.