Forex Daily Forecast, Analysis and Prediction

The EUR/USD pair popped on Friday after US data showed that consumers were starting to lose confidence as the Delta variant spreads.

The AUD/USD price retreated in early trading as the COVID situation and business outlook worsened.

The GBP/USD price darted higher on Monday morning as investors prepared for what will be a relatively busy week for the UK and the US.

The BTC/USD roared back during the weekend as investors remained optimistic about cryptocurrencies.

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The West Texas Intermediate Crude Oil market continues to show support just below current levels.

The 1.25 level has offered a significant amount of support yet again, as we tend to pay attention to this level quite often.

The S&P 500 has rallied a bit during the course of the trading session to break above the 4450 handle, as we are making our way towards the 4500 level.

The FTSE 100 has had a strong run over the last couple of days, as we are now threatening the 7200 level.

The NASDAQ 100 has rallied a bit during the course of the trading session on Thursday as the uptrend line continues to offer significant support.

The Aussie dollar has followed the same back-and-forth pattern that we have seen over the last couple of weeks.

The gold markets have been very choppy during the trading session on Thursday as we continue to see a bit of hesitation just below the previous support level.

The Bitcoin market has pulled back a bit during the trading session on Thursday as we may have gotten a bit ahead of ourselves.