Forex Daily Forecast, Analysis and Prediction

The US dollar fell initially against the Canadian dollar on Monday, but then turned around to show signs of support.

Bitcoin markets broke well below the $60,000 level during the trading session on Monday, as $10 billion worth of crypto liquidations on Sunday in the futures markets certainly had an effect.

The NASDAQ 100 fell quite a bit during the trading session on Monday as the 14,000 level continues to be a bit of a barrier.

The S&P 500 pulled back a bit during the trading session on Monday to kick off the week on the back foot.

The Aussie is strong while the greenback sells off.

The euro is showing serious bullish momentum.

The market has exploded to the upside, forming a massive candlestick that is shaped like a hammer.

Gold markets rallied again during the trading session on Monday, but then turned around to form a less-than-enthusiastic-looking candlestick.

The euro has broken above the crucial 1.20 level, an area that has been significant resistance more than once.

The British pound had a very strong session during the day on Monday, breaking above the downtrend line that I drew last week, and now that we are above there it looks like we are going to go to the 1.40 level.

The FTSE 100 initially tried to rally during the trading session on Monday but gave back the gains as we got near the 7000 handle.

The GBP/USD soared to the highest level since March 18 as the dollar sell-off accelerated.

The BTC/USD price flash crash intensified in the overnight session.

Almost two weeks ago, DOGE/USD was showing a nice amount of momentum and technically looked like it could challenge the seven cents juncture above.

The USD/BRL traversed lower late last week and is testing short-term support levels, but its current value range remains intact.