Forex Daily Forecast, Analysis and Prediction

DOGE/USD has produced a powerful dose of consolidation the past five days of trading, as it has essentially lingered within the 8 cents framework.

SOL/USD occupies the lower realms of its value range still, and has even produced a slight incremental climb higher in the past day which may attract thrill seekers.

The US dollar initially pulled back a bit on Friday but then turned around to show signs of life again near the 1.28 level.

Gold markets went back and forth on Friday as we continue to see a lot of noise in the markets.

The Australian dollar initially tried to rally on Friday but gave back gains rather quickly.

The S&P 500 initially rallied during the futures markets but fell apart quite rapidly.

The West Texas Intermediate Crude Oil market initially pulled back a bit on Friday but then found buyers again to break above the $110 level.

The British pound did very little on Friday as we continue to pay close attention to the 1.25 handle.

The euro initially tried to rally on Friday but gave back gains to show signs of hesitation.

The Bitcoin market dropped a bit on Thursday as we continue to hang around the $30,000 level.

The Monero market initially rallied to reach the $180 level, where we have seen quite a bit of resistance previously, just as the area has been supportive.

Litecoin continues to go sideways around the $67.50 level, as we have been consolidating for a week.

The EUR/USD pair moved sideways ahead of key economic events scheduled for this week.

The BTC/USD price is still in a tight range as investors watch the overall market sentiment.

The AUD/USD was little changed on Monday morning as investors reflected on the just concluded election in the country.