Forex Daily Forecast, Analysis and Prediction

The Ethereum market rallied during the trading session on Tuesday to show signs of life, as the $3000 level has been significant support.

The US dollar has had an explosive trading session on Tuesday to break above the 50 Day EMA.

Gold markets have fallen rather hard during the trading session on Tuesday to break down below the $1970 level.

The US dollar has found buyers during the trading session on Tuesday against most currencies, and of course, the Mexican peso was going to be no different.

The Euro has rallied ever so slightly during the trading session on Tuesday to test the 1.08 level, an area that previously had been so supportive.

The ZCash market rallied during the trading session on Tuesday to clear the 50 Day EMA and show signs of bullish pressure.

The Australian dollar rallied a bit during the trading session on Tuesday to show signs of strength, reaching the 0.74 level before pulling back.

The S&P 500 initially dipped on Tuesday, but then turned around to show signs of strength.

The EUR/USD pair is hovering near its lowest level since 2020 after the strong US housing data and the IMF warning about the global economy.

The AUD/USD brushed off the latest minutes by the Reserve Bank of Australia (RBA) and the global economic downgrade by the IMF.

The GBP/USD pair is trading at an important support level as investors reflected on the strong warning by the IMF about the US economy.

The BTC/USD pair rebounded sharply as sentiment in the crypto industry improved.

BNB/USD has produced quick trading conditions and speculators should continue to be braced for more volatility in the near term.

As of this writing AVAX/USD is above the 77.20000000 level, but its trading conditions have been swift.

Neo has gone back and forth during the trading session on Monday as the $20 level continues to be important.