Forex Daily Forecast, Analysis and Prediction

The West Texas Intermediate Crude Oil market rallied again during the trading session on Tuesday.

The US dollar initially tried to rally during the trading session on Wednesday, but then fell hard as we try to crash through the support level that has been so important for the last several weeks.

The Australian dollar pulled back during the trading session on Tuesday, only to find support again at the 0.75 level.

The NASDAQ 100 rallied again during the trading session on Tuesday as we broke above the 12,600 level in late trading.

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.