Forex Daily Forecast, Analysis and Prediction

The FTSE 100 initially fell on Friday but found enough support at the 50-day EMA to turn things around and show signs of life.

The S&P 500 initially fell during the Friday session but turned around to show signs of life again.

The NASDAQ 100 initially fell on Friday but turned around to show signs of strength again as we closed at the very highs of the trading session.

A bullish trend has pushed Bitcoin to new 3-month high.

The British pound fell ever so slightly during the trading session on Friday as we dance around the 1.36 level.

The West Texas Intermediate Crude Oil market fell again on Friday as we continue to see a lot of trouble when it comes to the idea of global growth.

Gold markets fluctuated on Friday as we ended up forming a bit of a shooting star.

The Australian dollar initially fell on Friday but then turned around to form a bit of a hammer.

The euro fluctuated on Friday but settled on a bullish candlestick.

The long-term bearish trend is still technically valid.

The AUD/USD price bounced back as the US dollar retreated for the first time in six days.

The EUR/USD pair was in a tight range on Monday morning as traders prepared for a relatively busy trading week.

Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of August 23, 2021.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of August 23, 2021 here.

Start the week of August 22, 2021 with our Forex forecast focusing on major currency pairs here.