Forex Daily Forecast, Analysis and Prediction

The AUD/USD pair remained under intense pressure last week after the strong American inflation data and as demand for safe havens rose amid the fighting in Ukraine.

The GBP/USD pair crashed to the lowest level since November 2020 as investors embraced the US dollar as a safe haven.

The German DAX Index initially tried to rally after gapping lower, reaching towards the €14,000 level.

The Ethereum market rallied initially on Friday but gave back the gains to show somewhat weak price action.

The market for Stellar Lumens has been rather weak for a while, and these last couple of days have not been any different.

The S&P 500 initially tried to rally on Friday but gave back gains as we continue to struggle in general.

The NASDAQ 100 initially tried to rally on Friday to reach towards the 13,860 level before falling and turning negative for the session.

Bitcoin went back and forth on Friday as we continue to dance around just below the $40,000 level.

The WTI Crude Oil market rallied a bit on Friday as we reach towards the crucial $110 level.

The US dollar fell a bit on Friday to reach down towards the 50-day EMA against the Loonie.

The British pound initially tried to rally on Friday but gave back gains as we continue to plummet.

The euro initially tried to rally on Friday but gave back gains above the 1.10 level as we continue to see a lot of negativity out there.

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