Forex Daily Forecast, Analysis and Prediction

The DAX has broken above the 200-Day EMA during the trading session on Tuesday, showing even more strength.

Bitcoin has dropped significantly during the trading session on Tuesday, but then found buyers underneath to push the market higher.

The USD/INR is trading near the 81.3600 ratio as of this writing, but readers are urged to compare this value to current market conditions as they investigate potential wagers.

The NZD/USD is trading near the 0.59300 level as of this writing, which is quite an accomplishment compared to its value of 0.55100 which it briefly flirted with on the 13th of October.

My previous signal last Monday was not triggered, as none of the key levels were reached that day, although the low was just a couple of pip above the nearest key support level which I had identified at $0.6404.

The GBP/USD pair continued its bullish trend during the evening and morning sessions as results of Tuesday’s midterm elections streamed in.

The EUR/USD price rose for three straight days as the US dollar continued.

The BTC/USD price plunged below 20,000 as the cryptocurrency industry came under renewed pressure.

The price of the euro against the dollar, EUR/USD, entered the trading of the new week amid bullish momentum.

Since the start of this week's trading, the price of the USD/JPY currency pair is settling lower around the support level 146.08 amid selling operations.

For two days in a row, GBP/USD has rebounded sharply from previous losses and may attempt to recover further in the coming days.

Since the start of trading this week gold XAU/USD starting what investors expect to be a tumultuous trading week.

The Dow Jones Industrial Average rose during its recent trading at the intraday levels, to achieve gains for the second consecutive day.

Spot natural gas prices (CFDS ON NATURAL GAS) declined in early trading on Wednesday, to record slight daily losses until the moment of writing this report.

The West Texas Intermediate Crude Oil market looks as if it is trying to break out during the trading session on Monday, as we are threatening the structural high from the last rally, and of course are sitting just above the 200-Day EMA.