Forex Daily Forecast, Analysis and Prediction

The gold markets were all over the place during the trading session on Monday, initially falling rather hard, but then turned around to form a bit of a hammer by the end of the day.

The ongoing unrest in South Africa has certainly put a dent on the currency as we continue to see the greenback pick up a bit of steam.

The DAX Index rallied a bit during the trading session on Monday, breaking towards the 15,775 level.

The BTC/USD pair is still in consolidation mode as investors wait for the next catalyst.

The GBP/USD pair tilted upwards ahead of the latest US inflation data and the upcoming UK reopening.

In the last two trading sessions of the past week, the EUR/USD currency pair attempted to correct upwards, after selling operations that pushed it towards the 1.1781 support level

During a distinguished performance at the end of last week's trading, the price of the GBP/USD currency pair moved towards the resistance level of 1.3900 and closed trading around the top.

The US dollar’s gains and fears of the rapid spread of the Corona Delta variable have ended.

Five trading sessions in a row was enough to push the price of the US dollar against the Japanese yen to the 109.53 support level, the lowest in a month, and closed last week's trading around the 110.25 level.

The USD/BRL suddenly finds itself back within a known value range that will certainly present many intriguing questions for short-term speculators.

The USD/ZAR traversed slightly higher in early trading this morning and nearby resistance may prove enticing for speculators.

The USD/INR may prove attractive to speculators who believe the Forex pair may be ready to re-establish some bearing traction.

ETH/USD continues to move near important support levels as speculators wonder if the mid-term slump will remain durable.

Volatility has declined significantly.

Support at 1.3831 looks likely to be strong.