Forex Daily Forecast, Analysis and Prediction

As Bitcoin prepares to enter a new month of trading, many speculators will be glad to see the results of May in the rearview mirror particularly if they were buyers.

The NASDAQ 100 has been like a virtual punching bag for the short-sellers during the month of May.

The S&P 500 futures market has been rather negative for the entire month of May, and June does not figure to be much better.

The West Texas Intermediate Crude Oil market has been very choppy over the last couple of months, and it is very likely that we will continue to see a lot of indecision overall.

DOGE/USD remains within the lower elements of its long-term trading range, and its slight fluctuations in value can produce big betting results for gamblers.

XRP/USD has come off lows seen yesterday when it traded slightly below the 38 cents level, now the 40 cents ratio is within sight as traders guess what will happen next.

It is increasingly likely that we have seen a major trend reversal.

Polkadot had a very volatile trading session on Friday, but the sellers came back and punished anybody trying to pick it up.

Cardano fell again on Friday to reach the $0.43 level.

The euro initially tried to rally on Monday but pulled back a bit from the highs.

The British pound rallied initially on Friday but gave bank gains to end up forming a bit of a shooting star.

Bitcoin fell a bit on Friday again, as we continue to see a crypto slump.

The gold market rallied during the early hours on Friday but gave back gains quite significantly.

The West Texas Intermediate Crude Oil market initially pulled back just a bit on Friday but turned around to show signs of life again.

The S&P 500 rallied significantly on Friday as we continue to see more of a “risk-on rally” in the market.