Forex Daily Forecast, Analysis and Prediction

The price of the yellow metal had the worst performance in a year, as the price fell to the level of support at $1382 per ounce from the resistance level of $1424 and stabled around 1392 at the time of writing

The British manufacturing sector was significantly affected by the slowdown in the global economy and the uncertainty of Brexit future, which added to the pressure on the pound.

Weak US Economic Results stopped the USD / JPY recovery pushing it to 108.52 at the beginning of this week as investors were optimistic of the Trump and Xi agreement on the resumption of trade negotiations.

NZDUSD: 0.6650 area looks pivotal

AUDUSD: RBA cuts rates to record low of 1.00%

USDJPY: 108.14 still holding as support

Bitcoin: Strong bearish retracement threatens $10k

USDCAD: Still bearish below 1.3153

USDCHF Analysis: Bullish above 0.9848

GBPUSD: Pound weak against resurgent Dollar

EURUSD: More bearish below 1.1317

The Euro got absolutely hammered during trading on Monday as we came back to work.

The British pound initially nudged slightly higher during the day on Monday but then turned around to break down significantly.

The NASDAQ 100 gapped higher right along with the other indices in the United States on Monday, but unlike the S&P 500, the other index that I follow here at Daily Forex,

The US dollar trading against the Mexican peso isn’t something that comes to mind immediately when trading Forex, but it is a very dynamic pair when it comes to the fundamentals.