Forex Daily Forecast, Analysis and Prediction

The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to record slight losses in its last sessions, by -0.20%.

ADA/USD has stumbled again and is within sight of important lower depths, as nervous sentiment in the broad cryptocurrency market remains evident.

ETH/USD has produced a rather consolidated range the past handful of days, but the value of Ethereum has edged lower in recent trading.

Strong support is likely at $1.2161.

Solana tried to rally early on Monday but pulled back as we continue to see this market drift lower.

The German DAX index initially tried to rally on Monday, but the €13,400 level has caused enough trouble to turn things around and bring in fresh selling.

The Nikkei 225 initially tried to rally on Monday but gave back gains to show signs of weakness.

The S&P 500 initially shot higher in the futures market on Monday but has given back the initial gains to form a shooting star.

Ethereum did very little on Monday as it looks like the $1250 level is going to continue to offer a little bit of the barrier.

Bitcoin rallied a bit on Monday but then pulled back to show signs of exhaustion.

Gold markets initially tried to rally on Monday but gave back gains to show signs of weakness yet again.

The West Texas Intermediate Crude Oil market rallied after initially falling on Monday to show signs of life again.

The euro rallied again on Monday but continues to find resistance just below the 1.06 level.

The British pound went back and forth on Monday as we continue to look a bit lost.

The BTC/USD pair retreated slightly as demand for Bitcoin and other cryptocurrencies waned.