Forex Daily Forecast, Analysis and Prediction

The British pound has gapped lower to kick off the trading week on Monday, but then turned around to rally not only billing the gap but breaking above there.

The US dollar has exploded to the upside against South African Rand as of late, considering that the market had been as low as 15.50

The Australian dollar has rallied significantly during the trading session on Monday, showing signs of support at the 0.60 level.

USD/JPY: Pivotal point at 109.23

BTC/USD: Breakout above key level at $7,228

GBP/USD: More bullish on USD weakness

EUR/USD: Broke key resistance at 1.0832

The NASDAQ 100 has rallied significantly during the trading session on Monday, breaking above the 8000 handle.

The S&P 500 rallied significantly during the trading session on Monday to kick off the week, breaking above the 2650 level at one point.

Silver markets have rallied significantly during the trading session on Monday, clearing above the $15.00 level, and perhaps even more importantly the 15 point to zero dollars level.

Gold markets rallied significantly during the trading session on Monday, breaking above the important $1700 level.

The West Texas Intermediate Crude Oil market has gone back and forth significantly during the trading session on Monday to open up the week, as we initially gapped lower.

The Australian dollar fell during the trading session on Friday, drifting below the 0.60 level, an area that of course is a psychologically significant figure.

The British pound fell during the trading session on Friday, breaking down below the 1.2250 level at one point before recovering slightly at the end of the session.

The US dollar rallied a bit during the trading session on Friday, heading towards the ₹77 level yet again, as we did the previous session.