Forex Daily Forecast, Analysis and Prediction

The EUR/USD exchange rate entered the new week's trading near its lowest levels in several years, stable around the 1.0880 support level closest to the most important bear target 1.0800.

For two days in a row, the bears succeeded in stabilizing the price of the GBP/USD currency pair below the 1.3000 psychological support, with losses to the 1.2982 support level.

The rising cost of energy imports widened the scope of the deficit.

Spot natural gas prices (CFDS ON NATURAL GAS) continued to rise during the recent trading at the intraday levels.

The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to record losses in its last sessions, by -1.19%, to lose the index towards -413.04 points.

A major breakdown is likely if $1.3000 gives way.

DOGE/USD has jetted lower and is now near extremely important low water marks as nervous sentiment threatens to overtake the cryptocurrency market again.

The USD/JPY is touching new long-term highs, and technical traders who are considering direction may feel as if they are looking into the clouds for answers.

The British pound initially fell on Monday to test the 1.30 handle before bouncing and showing signs of life.

Ethereum fell rather significantly on Monday, initially trying to rally before selling off.

Polkadot fell hard on Monday as crypto got crushed.

The S&P 500 futures market fell on Monday to slice through the 50-day EMA.

The euro gapped higher to kick off the trading session on Monday but then turned around to fill that gap rather quickly.

The US dollar rallied significantly on Monday to break above the top of a shooting star candlestick from Friday.

The Euro Stoxx 50 went sideways over the last three trading sessions as we hang about the €3750 region.