Forex Daily Forecast, Analysis and Prediction

For the fourth day in a row, the GBP / USD has been stabilizing on the threshold of 1.2000 psychological support and is struggling not to break through this support to avoid stronger selling and testing new record support levels.

The gold ounce lost a total of $ 55 during Tuesday's session, with strong gains in global stocks immediately after the United States announced the postponement of new tariff on Chinese imports, which was scheduled for September 1.

Immediately after the US announcement of the postponement of further tariffs on Chinese products, which was scheduled for September 1

Silver: Retreat from 18-month high near $17.50

NZDUSD: Bearish breakdown below 0.6444

AUDUSD: Looking bearish again

USDJPY: Period of consolidation likely

Bitcoin: Bearish breakdown

Bitcoin markets fell again during the trading session on Tuesday as we have seen a little bit of comfort come into the stock markets and risk appetite in general.

The WTI Crude Oil market has rallied a bit during the trading session on Tuesday to reach above the 50 day EMA.

Natural gas markets went back and forth on Tuesday, as we continue to see volatility.

The S&P 500 rallied significantly during the trading session on Tuesday as word got out that the Americans were going to delay the tariffs on the Chinese.

The NASDAQ 100 had a wild ride during the trading session on Tuesday, as word got out that the Americans were willing to delay the tariffs against the Chinese, pushing back against the idea of a September 1 showdown.

The British pound has gone back and forth during the trading session on Tuesday as we continue to see a lot of choppiness.

The Euro has had a very interesting trading session on Tuesday, initially trying to rally but then broke down rather significantly towards the bottom of the range that we had been in.