Forex Daily Forecast, Analysis and Prediction

The S&P 500 initially fell rather hard on Monday, breaking down below the 4100 level.

The US dollar rallied again on Monday as we are threatening the 1.39 SGD level.

On Monday, the US dollar initially pulled back a bit against the Indian rupee, but as we have seen time and time again, the US dollar recovered to show signs of life.

The GBP/USD pair retreated slightly on Tuesday morning as investors refocused on the upcoming interest rate decisions by the Federal Reserve and the Bank of England (BOE).

The EUR/USD pair was little changed after the mixed economic data from the euro area and the upcoming interest rate decision by the Federal Reserve.

The BTC/USD pair remained in a tight range as investors reacted to critical statements by Warren Buffett and Charlie Munger.

Amid the continuation of record bearish pressure for the EUR/USD currency pair, investors and markets in general are preparing for an important and historic trading week.

This week, it will be unusual in the reaction to the price of the GBP/USD currency pair, as the currency pair will await the announcement of interest decisions

The sharp strength of the US dollar recently contributed a lot to activating the selling of the gold market with losses to the level of 1872 dollars an ounce during the last seven trading sessions.

The Turkish lira continued its stability within a narrow trading range.

The sharp upward trajectory of the performance of the USD/JPY currency pair reached the 131.25 resistance level, the highest in 20 years.

The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to record losses for the second day in a row, by 2.77%, to lose 939 points.

Spot natural gas prices (CFDS ON NATURAL GAS) stabilized at a decrease in its recent trading at intraday levels, to achieve slight daily gains.

XRP/USD remains near important lows after touching a depth it had not traversed since January, as the price of Ripple struggles to create positive momentum.

SHIB/USD is trading near vital long-term support levels, and actually tested vital depths over the weekend which sparked a moderate reversal higher.