Forex Daily Forecast, Analysis and Prediction

Despite the halt in the US dollar's gains, the gains of the GBP/USD currency pair did not exceed the 1.2063 level and settled around the 1.2000 level at the beginning of this important week's trading.

Spot natural gas prices continued to rise in recent trading at intraday levels, to achieve new daily gains until the moment of writing this report, by 1.56%.

The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to break a series of gains that continued for five consecutive sessions.

XRP/USD is traversing important near term lows as this morning; this after the cryptocurrency has not been able to break through persistent resistance.

The USD/ZAR has entered this week of trading near its lows, and is exploring depths not seriously traded since the first week of July.

The S&P 500 fell Friday after initially trying to break above the 4000 level.

The AUD/USD currency pair was all over the place Friday as we reached as high as the 50-day EMA before turning around and showing signs of exhaustion.

The USD/JPY pair initially tried to rally Friday but then fell rather significantly.

The NASDAQ 100 initially tried to rally on Friday but gave back gains as we began looking very negative by the end of the day.

Gold markets rallied again on Friday as we have seen a significant bounce from the crucial $1680 level.

Ethereum markets initially rallied a bit Friday but gave back gains as we continue to see a lot of noisy behavior.

Bitcoin markets rallied a bit on Friday but gave back gains rather quickly as we continue to go sideways.

The West Texas Intermediate Crude Oil market pulled back significantly Friday to show signs of negativity, but we are sitting at the 200-day EMA and have bounced from there significantly.

The EUR/USD fell significantly Friday only to turn around and show signs of life.

The British pound went back and forth Friday as we continue to hang right around the 1.20 level.