Forex Daily Forecast, Analysis and Prediction

The price has room to drop quickly if gets established below $30k area.

Momentum is likely to carry the price still lower.

The gold markets initially tried to rally during the trading session on Friday but gave back the gains rather quickly.

The Australian dollar fell a bit during the trading session on Friday as we continue to see the US dollar strengthened overall.

This is a market that has completely overreacted, as we have thrown a bit of a short-term tantrum.

The British pound got hammered during the trading session on Friday again as we continue to see a lot of negativity overall.

The Bitcoin market broke down during the trading session on Friday again, as the market dropped below the 200-day EMA.

The AUD/USD pair is still under pressure after the Fed decision and after commodity prices continued to drop.

The EUR/USD pair remained under pressure on Monday as investors continued to react to the latest Federal Reserve decision and the spreading Delta variant.

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The gold market gapped lower to kick off the trading session on Thursday, and then turned around to break down quite significantly.

The NASDAQ 100 initially sold off during the trading session on Thursday as traders continue to throw tantrums about the Federal Reserve and their plans of possibly tapering a bit

The Parisian index continues to show bullish pressure as we have reached towards the 6678 handle, in what has been a very bullish day.