Forex Daily Forecast, Analysis and Prediction

The USD/MXN continues to provide traders with a rather solid range to take advantage, this as U.S Federal Reserve policy battles higher energy prices.

The GBP/USD slammed lower in late night trading as a comment from BoE Governor Andrew Bailey poured gasoline into already fragile global markets.

The West Texas Intermediate Crude Oil market has fallen a bit during the trading session on Tuesday to test the 50-Day EMA.

The USD/JPY has pulled back just a bit during quiet trading on Tuesday, as we had tried to break above the recent high.

The S&P 500 E-mini contract has dropped initially during the trading session on Tuesday, breaking below the crucial 3600 level.

The NZD/USD has bounced a bit from the recent low during the trading session on Tuesday, which is just above the 0.55 level.

The NASDAQ 100 has gone back and forth during trading on Tuesday as we continue to probe towards lower levels.

The USD/CAD initially tried to rally during the trading session on Tuesday but gave back gains to show signs of exhaustion.

Gold markets have rallied slightly during the trading session as we find ourselves near the $1680 level yet again.

The EUR/USD has rallied just a bit during the trading session on Tuesday, after initially trying to break down.

The GBP/USD rallied significantly during the trading session on Tuesday as we have seen a bit of buying.

The BTC/USD has drifted back and forth during the session, doing almost nothing.

Briefly traded at a new 2-year low.

The GBP/USD price moved sideways ahead of the upcoming UK GDP data.

The EUR/USD price continued dropping in the overnight session as traders waited for the upcoming FOMC minutes.