Forex Daily Forecast, Analysis and Prediction

The euro fell a bit on Friday after initially trying to rally but then broke down to reach below the 1.08 level again.

The US dollar rallied on Friday as we continue to reach fresh highs.

The S&P 500 got hammered on Friday to break down below the $4400 level and even broke down below the 4300 level.

The Ethereum market broke below the $3000 level on Friday and now looks as if it is going to threaten the Monday candlestick.

Solana did very little on Friday as we continue to see the $101 level as an area that continues to offer support.

The AUD/USD slipped to the lowest level since March 16th as the US dollar rally continued amid fears of a more hawkish Federal Reserve.

The BTC/USD pair moved sideways during the weekend as sentiment in the financial market waned.

The GBP/USD sunk to the lowest level since September 2020 as investors predicted that the Bank of England (BOE) will be more cautious in the coming months.

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The ZCash market rallied again during the trading session on Thursday to break above the $163.50 level.

The West Texas Intermediate Crude Oil market rallied during the Thursday session rather quickly, but as you can see has given back a huge portion of the gains.

The US dollar initially fell a bit during the trading session on Thursday but turned around to show signs of life.

The S&P 500 initially tried to rally during the trading session on Thursday but got absolutely hammered later in the afternoon.