Forex Daily Forecast, Analysis and Prediction

Bitcoin price remained in a tight range below the important support level at $70,000 as fear spread across the market. The BTC/USD pair was trading at 66,800, down sharply from the year-to-date high of 126,300.

Bitcoin is trying to rebound after a long period of consolidation. This is a market that remains cautious, but stable.

The British pound has fallen below the support level that has been holding up this market for some time. It looks like the safety of the US dollar continues to be a major driver.

Intel has seen significant pressure on Monday, as there are a whole host of reasons for negativity.

Nikkei 225 continues to see a lot of volatility, as we are trying to recover from the recent selloff.

Natural gas markets have fallen again on Monday, as traders are pricing in abundance in supply, as well as warmer temperatures in the USA.

The light sweet crude oil market has been as high as just under the $120 level and as low as the $77 level during the month of March. In other words, it’s been all over the place and the only thing that I can see on the chart that is somewhat consistent is that anytime the market

Gold spent most of the month of March falling rather significantly, but it has turned around to show signs of life at the $4100 level. The market has been very volatile and a lot of this comes down to the interest rate markets in the United States, which of course will continue t

The NASDAQ 100 has been very negative during the trading month of March as we continue to see sellers jump in and start selling every time it tries to rally. We have formed several long wicks to the upside every week as every time we try to recover, fear reenters the market. This

The S&P 500 spent most of the month of February struggling a bit and then trying to recover, but every time we recover it seems like there’s some type of headline coming out of the Middle East that has the markets concerned. And quite frankly it’s not just the Middle Eastern head

The US Dollar spent most of the month of March rallying against the Mexican Peso as interest rates in America continue to climb and although they are lower than Mexico's interest rates, the reality is that the interest rate differential has been closing and with this being the ca

XRP is under mounting bearish pressure as macroeconomic risks collide with fading institutional interest and a clear technical breakdown.

The USD/MXN is around the 18.07630 vicinity in early trading this morning as it continues to traverse within a higher realm, and actually climbed to the 18.16000 vicinity when the Forex markets opened.

Bulls have failed to send Bitcoin breaking out of its medium-term consolidation zone, but short-term bulls are eyeing a breakout above $67,715.