Forex Daily Forecast, Analysis and Prediction

The Turkish lira recorded a new low against the US dollar, as the Turkish currency maintained its falling levels.

Spot natural gas prices (CFDS ON NATURAL GAS) stabilized at a decrease in the recent trading at the intraday levels, rising by 0.12% now of writing this report.

After returning from the American holiday, the positive activity of the US dollar increased again.

The sharp decline in the price of the Japanese yen continues amid the complete abandonment of officials in Japan from intervening so far to stop the collapse and leads the USD/JPY to a sharp rise.

Yesterday the price of gold rose with the decline of the US dollar and expectations of inflation on the background of rising energy costs,

Forex analysts at a major European investment bank cut their forecasts for GBP/USD, citing a worsening economic trajectory in the UK.

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

The USD/CAD is moving with swift price action in early trading this morning as financial houses brace for the Bank of Canada’s anticipated interest rate hike later today.

The USD/ZAR is trading below its apex highs achieved on the 5th of September when a summit of 17.42200 was briefly challenged.

The AUD/USD initially rallied during the trading session on Tuesday but get back gain rather rapidly.

Gold markets initially tried to rally during the trading session on Tuesday as liquidity came back into the market.

The EUR/USD has gone back and forth during the trading session on Tuesday as we continue to see plenty of volatility on short-term charges.

Ethereum initially tried to rally during the trading session on Tuesday to break above the 50-Day EMA.

The BTC/USD has broken down to test the $1900 level, and it looks as if we are going to continue to see Bitcoin fall apart.

The West Texas Intermediate Crude Oil market has fallen a bit during the trading session on Tuesday to threaten support yet again.