Forex Daily Forecast, Analysis and Prediction

The BTC/USD currency pair pulled back a bit on Tuesday as we continue to see Bitcoin pullback from the crucial $25,000 level the $25,000 level.

The GBP/USD price rose slightly ahead of the upcoming UK consumer and producer inflation data and the relatively weak US housing numbers.

The BTC/USD price retreated to the lowest point since August 12 as demand for cryptocurrencies waned.

The AUD/USD price dropped to a low of 0.700 as the market reacted to the latest minutes by the Reserve Bank of Australia (RBA).

According to Vid data, Turkey's total revenues in July were about 196.98 billion Turkish liras, while expenditures were about 260.999 billion liras, bringing the total deficit in July to 64 billion liras.

Spot natural gas prices slightly increased in the recent trading at the intraday levels, to achieve slight daily gains until the moment of writing this report, by 1.04%.

The EUR/USD exchange rate hit a six-week high in recent trading.

The GBP/USD exchange rate attempted to extend its month-long recovery last week, but was unable to reach a new high.

For four trading sessions in a row, the price of the USD/JPY currency pair is settling in a narrow range between the support level of 131.73 and the resistance level of 133.90.

The price of gold fell after four consecutive weeks of gains as investors assessed the outlook for the hawkish path of the Federal Reserve and on further indications that China is struggling to recover.

The Dow Jones Industrial Average Index rose during its recent trading at intraday levels, to achieve gains for the fourth consecutive day, by 0.45%.

The USD/CAD had a stormy day of trading on Monday and early today suggests speculative forces may be standing by for more price action.

The USD/ZAR is trading politely within a rather intriguing five day range and resistance up above could prove a useful strategy for wagers.

Price has room to fall to $1.1958.

The West Texas Intermediate Crude Oil market fell rather hard during the early hours on Monday, crashing into the previous support level of around $87.