Forex Daily Forecast, Analysis and Prediction

The US dollar continues to find buyers on dips against the Japanese Yen.

Amid a temporary halt in the gains of the US dollar, the price of the pair EUR/USD gained some momentum to achieve gains that reached the level of 1.0025 at the time of writing the analysis.

The British pound has found a little bit of support near the 1.14 level, an area that has been important over the last couple of days.

The Australian dollar has gone back and forth during trading on Monday as we continue to threaten the 0.67 level.

The EUR/USD continues to go back and forth during the trading session on Monday, as we seem to be attracted to the parity level.

The USD/ZAR as of this writing is near the 17.68000 ratio as of this writing with fast results being produced.

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.