Forex Daily Forecast, Analysis and Prediction

The S&P 500 rallied significantly during the trading session on Tuesday as we await the Federal Reserve announcement on Wednesday.

The silver market rallied significantly during the trading session on Tuesday, ahead of the Federal Reserve's announcement on Wednesday.

Gold markets rallied during the trading session on Tuesday after stabilizing over the last several sessions.

Bitcoin rallied again during the trading session on Tuesday as buyers continue to flood the market.

The British pound skyrocketed during the trading session again on Tuesday, reaching towards the 1.3450 level where it parked for the evening.

The euro initially fell during the trading session on Tuesday but turned around to show signs of strength again as we approach the 1.2150 level.

Ethereum remains within important higher value levels as it challenges resistance.

The USD/MXN is trading near short-term highs in early trading this morning.

The USD/INR continues to offer speculators a chance to challenge its range, and an opportunity to look for short-term reversals as support and resistance levels proves adequate.

The USD/SGD continues to knock on the door of important long-term support levels.

Similar to last week’s performance, the EUR/USD pair completed the upward correction, which is the closest to the last resistance level of 1.2177, its highest since April 2018.

The European Union and Britain insisted on continuing Brexit talks despite months of failure, which brought some momentum to the GBP/USD at the beginning of this week's trading.

After five consecutive bearish trading sessions, the price of gold was pushed to the support level at $1818 an ounce.

Despite official US approval for distribution of the Pfizer vaccine, the USD/JPY continued its downward path at the beginning of this week's trading.

The GBP/USD has so far failed to cover the price gap that occurred this week.