Forex Daily Forecast, Analysis and Prediction

Litecoin has rallied a bit during the trading session on Friday to break above the top of the hammer from the previous session.

The Mexican peso strengthened against the greenback during the trading session on Friday, as the USD/MXN pair broke below the 20.25 level.

The Ethereum market has rallied a bit during the trading session on Friday, breaking above the top of the hammer from the previous session.

The S&P 500 has rallied significantly in the futures market on Friday as we headed into the weekend.

The Euro has bounced ever so slightly during the trading session on Friday, limping into the weekend.

The West Texas Intermediate Crude Oil market has rallied quite nicely during the trading session on Friday as we continue to bang around in a major symmetrical triangle.

Gold markets have fallen rather hard during the trading session on Friday to reach down to the $1800 level.

The US dollar has fallen hard during the trading session on Friday to reach the 1.29 area against the Loonie.

Bitcoin has rallied a bit during the trading session on Friday to break above the $30,000 level.

The EUR/USD pair will likely have a bearish breakout and drop to the 20-year low of 1.0280.

The AUD/USD pair tilted upwards on Monday morning as investors continue focusing on the upcoming Australian election and important economic events.

The BTC/USD pair has been in a strong bullish trend in the past few days.

AVAX/USD is trading within the lower part of its long term range, but unlike many of its major counterparts Avalanche has not slumped to lower values that it traded in July of 2021.

As of this writing Dogecoin is trading below 9 cents per coin.

Bulls seeking to break above $1.2277.