Forex Daily Forecast, Analysis and Prediction

In the last two trading sessions of the past week, the EUR/USD currency pair attempted to correct upwards, after selling operations that pushed it towards the 1.1781 support level

During a distinguished performance at the end of last week's trading, the price of the GBP/USD currency pair moved towards the resistance level of 1.3900 and closed trading around the top.

The US dollar’s gains and fears of the rapid spread of the Corona Delta variable have ended.

Five trading sessions in a row was enough to push the price of the US dollar against the Japanese yen to the 109.53 support level, the lowest in a month, and closed last week's trading around the 110.25 level.

The USD/BRL suddenly finds itself back within a known value range that will certainly present many intriguing questions for short-term speculators.

The USD/ZAR traversed slightly higher in early trading this morning and nearby resistance may prove enticing for speculators.

The USD/INR may prove attractive to speculators who believe the Forex pair may be ready to re-establish some bearing traction.

ETH/USD continues to move near important support levels as speculators wonder if the mid-term slump will remain durable.

Volatility has declined significantly.

Support at 1.3831 looks likely to be strong.

The euro rallied significantly during the day on Friday to close just below the 1.19 level.

The British pound rallied significantly during the Friday session to reach towards the 1.39 level, in a complete reversal of the massive selling that we had seen recently.

The West Texas Intermediate Crude Oil market gapped a little bit higher during the trading session on Friday, but then shot higher to reach towards the $75 level.

The S&P 500 initially fell during the trading session on Friday only to turn around and break out to a fresh, new all-time high.

The NASDAQ 100 initially fell during the trading session on Friday only to turn around and find plenty of buyers.