Forex Daily Forecast, Analysis and Prediction

The Bitcoin price began to fall again over recent days as risk sentiment deteriorated in the markets, which usually causes a selloff in Bitcoin.

The US dollar has pulled back a bit against the Japanese yen during the trading session on Tuesday as we continue to see a lot of back-and-forths.

Gold markets initially tried to rally during the trading session on Tuesday, but gave bank gain to show signs of weakness yet again.

The Australian dollar has bounced a bit on Tuesday as we have seen a huge move in favor of the greenback against almost everything.

The S&P 500 has gone back and forth during the course of the trading session on Tuesday as we see a lot of very noisy trading.

The Euro fell a bit to the parity level on Tuesday but bounced rather quickly to show a bit of hesitation to break down through there.

Bitcoin has done very little during the trading session on Tuesday as we continue to flounder around the $20,000 level.

Ethereum has fallen again during the trading session on Tuesday, although in very quiet action.

The DAX has pulled back a bit after gapping lower, filling the gap, and then dropping again before bouncing in the late hours of Tuesday.

The West Texas Intermediate Crude Oil market has fallen rather hard during the trading session on Tuesday to threaten the 200 Day EMA.

The Nikkei 225 has fallen ever so slightly during the trading session on Tuesday, as we continue to hang around the ¥26,500 level.

The GBP/USD price pulled back slightly ahead of the upcoming UK GDP and US consumer inflation data.

The EUR/USD price crashed to parity level as investors continued worrying about the European economy.

The AUD/USD pair dropped to the lowest level since June 2020 as the US dollar strength continued.

The USD/INR touched new highs in early trading today as the currency pair continues to show signs of its bullish trend remaining strong.