Forex Daily Forecast, Analysis and Prediction

GBP/USD has risen against the US dollar as traders starting to bet that the worst of the crisis in Great Britain is over.

The FTSE 100 initially pulled back a bit during the trading session on Tuesday, but then turned around to reach back to the 7000 level.

The NASDAQ 100 rallied a bit during the trading session on Tuesday to touch the 50-Day EMA.

The EUR/USD has rallied significantly during the trading session on Tuesday to show signs of life again, testing a major downtrend line.

Gold markets have fallen a bit during the trading session on Tuesday but turned around to show signs of life as we continue to see a lot of volatility in the markets overall.

Bitcoin has rallied slightly during the trading session on Tuesday, but we still suggest below the 50-Day EMA,

The West Texas Intermediate Crude Oil market continues to see a lot of a sideways grind, as the market has been noisy to say the least.

The AUD/USD has slammed into the top of the overall consolidation area again, as we continue to see a lot of back and forth in the Forex world.

The TRY/USD recorded new levels of declines after the dollar recorded new heights yesterday.

Spot natural gas prices (CFDS ON NATURAL GAS) slightly rose in early trading on Tuesday, achieving new daily gains until the moment of writing this report.

The Dow Jones Industrial Average extended its gains during its recent trading at the intraday levels, to achieve sharp gains for the second consecutive session by 1.34%.

After the strong bullish move last Friday, XAU/USD (gold) price showed no direction throughout the trading day on Monday.

The Japanese Yen weakened again despite signs that Japan strengthened its defense of the currency with a second intervention in two sessions.

The GBP/USD exchange rate has surged strongly in recent trading and may rise further in the short term.

With the start of this week's trading, the price of the EUR/USD currency pair succeeded in maintaining the gains of the end of last week.