Forex Daily Forecast, Analysis and Prediction

The face of the crucial bears for the GBP/USD currency pair with the psychological support 1.3000 continues, as the collapse below it supports the downside trend and warns of a stronger bearish move.

For five trading sessions in a row, gold prices are falling amid profit-taking sales.

LUNA/USD has moved slightly lower in late trading last night and early today, but Terra continues to maintain sights on all-time record values.

ADA/USD remains within the lower depths of its long-term charts as the cryptocurrency finds it difficult to break through meaningful resistance.

Silver markets initially fell on Tuesday to reach below the $25 level.

The Ethereum market rallied ever so slightly on Tuesday as we continue to respect the $2500 level.

Solana went sideways over the last week or so, but it is worth noting that we are sitting just above the $80 level, which is an area where we have seen support more than once.

The S&P 500 initially fell on Tuesday only to find buyers underneath and recover.

Gold markets plunged quite drastically again on Tuesday to break through the $1920 level before finding buyers again.

The US dollar went back and forth on Tuesday to show a little bit of hesitation.

The euro initially tried to rally on Tuesday but has given up gains yet again as we continue to see the downtrend strengthen from a longer-term standpoint.

Bitcoin markets did very little again on Tuesday, as we sit just below the potentially crucial $40,000 level.

The West Texas Intermediate Crude Oil market gapped lower at the open in Asia and then fell well below the $100 level.

The US dollar went back and forth on Tuesday against the South African rand, as we sit just below the 200-day EMA.

This pair is likely to be interesting to trade after the FOMC release.