Forex Daily Forecast, Analysis and Prediction

The BTC/USD price tumbled in the overnight session as investors reacted to the happenings in El Salvador, the first country to make Bitcoin its legal tender.

The Euro initially tried to rally during the trading session on Tuesday but gave back the gains as the 200 day EMA seems to be a bit too much to overcome.

The NASDAQ 100 has rallied again during the trading session on Tuesday to show that it is by far the biggest leader of US stock markets in general.

The FTSE 100 has fallen rather hard during the trading session on Tuesday as liquidity picked back up, with North American traders getting involved.

The British pound initially tried to rally during the trading session on Tuesday, but then turned around fall rather significantly.

The S&P 500 went back and forth during the trading session on Tuesday as traders seem to be a little lost as to where they wanted to be.

The US dollar has rallied significantly against the Canadian dollar as traders came back to work on Tuesday.

The Australian dollar has tried to rally into the 200 day EMA but gave back those gains to show signs of weakness.

The West Texas Intermediate Crude Oil market gapped a little bit lower to kick off the trading session on Tuesday, as crude oil continues to struggle.

Gold markets got absolutely crushed on Tuesday as the liquidity came back into the market.

The Bitcoin market has broken significantly to the downside to slice through the $50,000 level on Tuesday, apparently out of the blue.

The USD/ZAR is trading near 14.30000 as of this morning and the forex pair is traversing very interesting mid-term support ratios.

DOGE/USD has dropped below the 30 cents juncture in early trading today with a swift test of the 28 cents juncture.

Gold reached a high of nearly 1834.00 on the 3rd of September, which tested mid-term highs from the middle and end of July.

ETH/USD as of this writing is hovering slightly below the 3900.00 level, which is a great achievement via its mid-term trend.