Forex Daily Forecast, Analysis and Prediction

The USD/INR continues to produce opportunities for speculators who have the desire to participate within fast trading conditions.

Looking at the chart, you can see that the S&P 500 E-mini contract initially fell for the day but showed signs of life again.

The NASDAQ 100 bounced a bit during the trading session on Monday as we continue to see value hunters come back into the picture.

The EUR/USD price remained in a tight range close to its lowest level in 20 years as focus shifted to the upcoming Fed decision and Christine Lagarde's statement.

The BTC/USD price crashed to a multi-month low of 18,280 as the focus remained on the upcoming Fed interest rates.

The AUD/USD price moved sideways on Tuesday morning as US bond yields soared to the highest level in over a decade.

My previous GBP/USD signal last Monday was not triggered, as there was no bullish price action when the price first reached any of the support levels which I had identified that day.

The USD/TRY continues to move within a weak upward trend, recording slight increases.

Spot natural gas prices (CFDS ON NATURAL GAS) continued to decline in recent trading at intraday levels, to record new daily losses until the moment of writing this report.

The Dow Jones Industrial Average declined by -0.45% in its recent trading at the intraday levels, to record new losses in its last session.

In the last three trading sessions of last week, the price of the currency pair EUR/USD settled below the parity price.

After the sharp collapse of the GBP/USD currency pair towards the 1.1350 support level, its lowest since 1985, the British pound closed last week's exciting trading, stable around the 1.1423 level.

The West Texas Intermediate Crude Oil market initially tried to rally during the session on Friday as traders were not willing to hang on to risk heading into the weekend.

The S&P 500 was negative during the trading session on Friday, which of course should not be a huge price considering just how much danger there is out there.

Despite the recent profit-taking sell-off, the USD/JPY currency pair remained within the ascending channel range.