Forex Daily Forecast, Analysis and Prediction

China's continued losses from the Coronavirus, along with increasing concerns of monetary policy makers of global central banks.

AUD/USD: Pivotal point at 0.6737

We noticed an upward bounce in the price of the GBP/USD pair to the 1.2967 resistance.

USD/JPY: Long-term resistance 110.07/30

BTC/USD: More bullish above $10,400

The Euro has initially broken down below the 1.09 level during the trading session on Tuesday but turned around to show signs of life

The British pound has rallied during the trading session again on Monday, but unlike the previous couple of sessions, the market has retained most of its gains,

The Australian dollar has rallied to kick off the trading session on Tuesday, breaking above the 0.67 level yet again.

The NASDAQ 100 has initially tried to rally during the trading session on Tuesday, showing signs of exhaustion after initially rallying.

The price of the EUR/USD pair found the opportunity to correct higher.

The US dollar has rallied a bit during the trading session on Tuesday, slaving into the ¥110 level, an area that has been resistance more than once.

The S&P 500 rallied a bit during the trading session on Tuesday but gave back quite a bit of the gains as Jerome Powell testified in front of Congress.

The West Texas Intermediate Crude Oil market rallied significantly to kick off the Tuesday session, but then gave back the gains to form a bit of an inverted hammer.

The Bitcoin market has rallied quite significantly during the trading session on Tuesday, breaking above the shooting star from the Monday session.

Natural gas markets drifted a bit lower to kick off the trading session on Tuesday, but then turned around to rally a bit.