Forex Daily Forecast, Analysis and Prediction

The price of an ounce of gold succeeded in compensating a large part of its losses during yesterday's trading session, as it rose by 35 dollars, and reached to the $1428 level an ounce at the time of writing.

Investors returned to buying safe havens again amid renewed fears that Trump would eventually impose stronger tariffs on China even after a truce was announced at the end of last week.

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EURUSD: Weakly bearish below 1.1317

The Euro initially fell a bit during the trading session on Tuesday but then turned around to rally from the 50 day EMA to reach above the 1.13 level.

The S&P 500 went back and forth during the trading session on Tuesday, as we continue to try to figure out where we're going next.

The British pound broke down significantly during the trading session as Mark Carney spoke.

The WTI Crude Oil market broke down significantly during the trading session on Tuesday, slicing below the 50 day EMA.

Gold markets rallied significantly during the Tuesday session, slicing through the $1400 level which of course is a psychologically significant figure.

The US dollar fell rather hard during the trading session on Tuesday, filling the gap against the Japanese yen.

The Australian dollar has rallied quite nicely during the trading session on Tuesday, using the 0.6950 region as support.

Natural gas markets tried to rally significantly during the trading session on Tuesday, but then pulled back to find selling pressure yet again.

The bitcoin markets initially fell during the trading session on Tuesday but found enough support at the previous uptrend line from the top of the channel to turn things around.