Forex Daily Forecast, Analysis and Prediction

Monero got eviscerated on Monday to show signs of extreme weakness, as the 50-day EMA has offered a bit too much in the way of resistance.

The West Texas Intermediate Crude Oil market pulled back a bit on Monday as we continue to see a lot of volatility in the markets overall.

Bitcoin got eviscerated on Monday to break down below the $32,000 level.

The gold markets fell on Monday to reach the 200-day EMA yet again.

Ethereum has lost 15%, or $400, to kick off the Monday session.

The 0.6926 is holding as support.

The GBP/USD pair attempted to crawl back during the American session as the US dollar continued strengthening.

The EUR/USD is stuck close to the lowest level this year as investors focused on the interest rate decision by the Federal Reserve and the average US jobs data.

The BTC/USD declined to the lowest level since July 23rd this year, which was about 52% from its highest level last year.

LUNA/USD dove to long-term low values in early trading this morning, as a combination of nervousness and fundamental selling hit Terra.

Gold futures ended the last trading week with a rise around the level of $ 1892 an ounce. The lowest price for gold was after raising the US interest rate to the level of $ 1851 an ounce.

The US dollar index DXY stalled as other currencies in the gauge found support after the US non-farm payrolls report showed a continued recovery in employment.

The pound sterling suffered a significant loss in its value against the euro, the dollar, and other major currencies last week.

For three trading sessions in a row, the price of the EUR/USD currency pair tried to rebound higher to compensate for its losses that brought it to its lowest level in five years.

The Turkish lira continues to decline against the US dollar, which is witnessing great demand from investors.