Forex Daily Forecast, Analysis and Prediction

The BTC/USD price dropped and then pulled back after the Federal Reserve delivered its interest rate decision.

My previous signal yesterday may have produced a profitable short trade from the bearish reversal at $0.6700.

The Turkish lira stabilized near its all-time low, which was recorded yesterday, as the price breached the top recorded during the last year, which the pair declined immediately after reaching it.

The EUR/USD exchange rate entered this important week’s trading stable below the parity rate.

The bullish stability is still the most prominent performance of the price of the US dollar against the Japanese yen.

The GBP/USD exchange rate fell to new lows in forty years at the opening of a short week due to the holiday.

The direction of the XAU/USD gold price still tends more to the downside as long as it is stable below the support level of $1700 an ounce.

The Dow Jones Industrial Average returned to decline in its recent trading at the intraday levels.

The USD/MXN is trading near the 20.0000 level with rather tight movement in early action this morning.

The West Texas Intermediate Crude Oil market has drifted a bit lower on Tuesday as we continue to see a lot of concerns out there about whether or not we are going to see enough global growth to push demand higher.

The AUD/USD has fallen hard during training on Tuesday as we have broken through the 0.67 level three days in a row, suggesting that we are going to go lower given enough time.

The S&P 500 E-mini contract has dropped a bit during the trading session on Tuesday to break below the 3850 level.

The NASDAQ 100 has gone back and forth during the trading session on Tuesday as we continue to hang around the 11,800 level.

The EUR/CHF has fallen rather significantly during the trading session on Tuesday to crash into the 0.96 level.

The GBP/USD has tried to rally a bit during the training session on Tuesday but gave bank gain as we cannot break above the 1.15 level.