Forex Daily Forecast, Analysis and Prediction

The GBP/USD has drifted lower again during the trading session on Tuesday as we continue to see the US dollar offer sanctuary.

The S&P 500 has gone back and forth during the trading session on Tuesday to show signs of weakness yet again.

The NASDAQ 100 has fallen a bit during the trading session on Tuesday to break well below the 12,500 level.

Gold markets have fallen a bit during the trading session on Tuesday as it looks like we are going to test the $1700 level.

The EUR/USD rallied a bit during the trading session on Tuesday but continues to see a lot of problems to get going to the upside.

Ethereum markets have initially tried to rally but gave back gains near the 50-Day EMA.

The DAX initially tried to rally during the session on Tuesday but gave back gain rather quickly, and now looks as if it is extraordinarily vulnerable to selling pressure.

The BTC/USD has fallen a bit during the trading session on Tuesday, losing over 3%.

The USD/CAD is trading near the 1.30675 mark as of this writing, but conditions are fast and changes of value need to be checked on to decipher short term price action.

The USD/INR has traded lower early this week and remains within sight of intriguing support.

The key thing to watch in Bitcoin is whether the price will get established below the lowest key support level at $19,163.

USD/ZAR: Trading Range Could Offer Speculative Range Still

USD/INR: After Big August Moves Delivered, September Awaits

The Turkish lira's trading has stabilized against the US dollar, after minor declines yesterday, when the pair recorded new levels of rise before resuming the decline and stability within a limited trading range.

The price of gold fell for a second day after Federal Reserve Chairman Jerome Powell backed away against hopes that the US central bank would begin easing monetary policy soon.