Forex Daily Forecast, Analysis and Prediction

Gold remains volatile around the 50-day EMA, but buyers are still defending dips as traders watch for a breakout toward $4,880.

After making a new multi-month high, Bitcoin is stuck within a consolidating triangle, with bulls and bears very evenly matched. The first breakout could show the next major move.

Despite the short-term bearish trend, the pair remains near a 3-year high, but has traded without much direction for several days, making prediction challenging.

Bitcoin has pulled back a touch in the early part of the Monday session, as we are likely to continue to see the 200-Day EMA offering a bit of a wall.

The British pound rallied on Monday, as we have seen a lot of US dollar weakness in general. At this point, we are now facing a significant resistance barrier as well.

The US dollar rose on Monday against the Canadian dollar but has since seen a bit of a pullback. The range continues as far as I can see.

Crude oil remains a difficult market to be involved in, as the headline noise is almost constant here.

The S&P 500 is rallying early on Monday, as we continue to focus almost solely on artificial intelligence, as has been the case for some time. With this, the market defies all negativity.

The Australian dollar is continuing to be very strong, although it's more or less a bit of a grind.

Copper continues to watch the artificial intelligence world, and the massive amount of demand that will be coming out of that endeavor. Copper will remain “buy on the dips” going forward.

The interest rate differential is the main story in the USD/JPY pair, as I remain bullish overall.

The NASDAQ 100 continues to rise overall, but the overstretched action has been a bit of a concern recently. At this point, the markets are offering buying opportunities on dips.

The US dollar continues to levitate a bit against the franc, despite some headwinds. Ultimately, this is a pair that pays you to hold it and therefore has a place in your portfolio.

Ether (ETH) has reclaimed a key profitability threshold, sparking renewed optimism among holders and analysts alike.

This currency pair is still held in a range by strong resistance, but a bullish breakout beyond the $1.3637 area may be about to happen