Forex Daily Forecast, Analysis and Prediction

The US dollar rallied significantly during the trading session initially on Monday against the Japanese yen but gave back a significant amount of the gains to form a bit of a shooting star.

The Australian dollar has gone back and forth during the trading session on Monday, as we continue to look bullish.

The NASDAQ 100 has broken down significantly during the trading session on Monday to kick off the week but then turned around to show signs of life again.

The Euro has fallen a bit during the trading session on Monday, reaching down toward support underneath.

The silver market gapped higher to kick off Monday’s session before pulling back towards the $28 level.

The West Texas Intermediate Crude Oil market rallied just a bit during the trading session on Monday to kick off the week, as we continue to see the US dollar look a bit soft in general.

The bitcoin market has rallied a bit during the trading session on Monday again, testing the crucial $12,000 level.

Gold markets gapped higher to kick off the trading session and shot up from there, but we have seen gold rollover since then.

The weekly EUR/USD performance was distinguished, as it continued to correct upwards, and its gains reached the 1.1916 resistance.

During last Friday's trading session, the GBP/USD currency pair retreated from its current 5-month high of 1.3187 to trade around 1.3009

The US dollar showed some strength against other major currencies during last Friday's trading session, after data showed a larger than expected increase in US employment

The pace of sharp and continuous gains in the price of gold has stopped at the end of last week’s trading, amid profit-taking sales in light of the USD strength

The USD/CAD has produced short term bullish sentiment which has begun to produce tests of resistance levels.

Bitcoin/USD: Amid the resumption of the USD strength.

USD/JPY: Bullish break still weak.