Forex Daily Forecast, Analysis and Prediction

DOT/USD has taken another negative turn in early trading this morning, generating a strong spike lower as it now has a one-month low in sight.

XRP/USD has endured lower price action and after slipping again this weekend is testing support levels which are creating speculative opportunities.

Ethereum markets were very quiet on Friday, which is not a huge surprise considering that it was a holiday.

ZCash bounced ever so slightly on Friday as we are hanging around the 200-day EMA.

The US dollar tried to rally a bit on Friday but gave back the gains to show signs of hesitation.

The US dollar initially tried to rally against Indian rupee on Good Friday but struggled a bit as we pulled back from the ₹76.50 level.

The Euro Stoxx 50 futures markets were closed on Friday, but when looking at the chart overall, you can see that for the last week or so, we have been trading between the €3700 level on the bottom and the €3800 level on the top.

Bitcoin did very little on Friday as liquidity was very thin during the Good Friday holiday.

Gold markets only had a limited amount of off-hours trading in the futures markets on Good Friday, but there was a little bit of action in the CFD market.

The euro fell a bit on Friday in very thin trading.

The Australian dollar fell during thin trading on Friday as we continue to see a lot of negative pressure in this market.

The S&P 500 was rather range-bound during the previous several sessions, but with Good Friday closing down the underlying index, there were just a few hours of electronic trading available.

The GBP/USD moved sideways on Monday morning as the Easter weekend continued.

The EUR/USD pair downward momentum faded on Friday and Monday morning as the Easter weekend continued.

The BTC/USD pair dropped below the support at 40,000 support as investors focus on the ongoing bank earnings season continued.