Forex Daily Forecast, Analysis and Prediction

The pair is trading between $1.3375 and $1.3475.

The BTC/USD pair dropped below the key support of 60,000 on Tuesday.

The AUD/USD pair declined slightly during the American session as the market reflected on US retail sales data and the dovish Reserve Bank of Australia.

The EUR/USD sell-off gained steam overnight as the market reacted to the strong economic data from the United States.

The USD/INR has seemingly become consolidated, but this may prove to be short-lived as equilibrium is sought and quick price fluctuations remain active.

ETH/USD has fallen in price overnight and the broad cryptocurrency market has seen a plunge via other major digital assets too.

The bullish performance of gold continues despite the strength of the US dollar.

The gains of the USD/JPY reached the resistance level of 114.31 before settling around 114.15 as of this writing, awaiting the announcement of US retail sales figures, which directly affect investor sentiment.

The British pound has once again defied the strength of the US dollar.

The EUR/USD continued its biggest decline since late September last week.

The British pound rallied a bit against the US dollar over the last 24 hours, breaking 48 hours’ worth of resistance.

The euro plunged yet again on Monday to slice below the 1.14 level.

The Bitcoin market initially tried to rally on Monday to show signs of strength, but then gave back the gains to finish relatively unchanged.

The NASDAQ 100 has initially pulled back on Monday but has seen enough buying pressure to turn things around and show signs of life.

The S&P 500 went back and forth on Monday to show signs of hesitancy, but perhaps more importantly, it showed signs of support at the previous downtrend line of the bullish flag.