Forex Daily Forecast, Analysis and Prediction

We could not hang on to the gains.

It looks like we are going to continue to see a lot of negative pressure.

The first thing I notice is that the market is trying to do everything it can to find its floor.

The British Pound is falling again against the US Dollar as the US Dollar begins to recover recent losses, while the British Pound is a relatively weak currency.

The first thing I see is that this asset continues to see a lot of volatility.

The EUR/USD pair retreated sharply from its highest point this week.

Bitcoin price rose in the overnight session as the recent fear in the crypto and stock market eased.

The AUD/USD exchange rate bounced back as signs of a divergence.

The Malaysian ringgit has experienced a significant decline in recent days, prompting a reevaluation of the market's trajectory.

The US dollar has been bullish against the South African rand for the last couple of days, showing signs of life from an extremely oversold condition.

The US dollar and New Zealand dollar have been bouncing around against each other during the trading session on Tuesday, as it seems like we don't really know what to do

During the trading session on Tuesday, as we continue to at least attempt to recover from the massive sell off that we have seen in the British Pound against the Swiss franc, the Swiss franc has certainly been picking up a lot of strength as of late.

The Nasdaq 100 has been all over the place. During the trading session on Tuesday, as we continued to dance around the 200 day EMA.

At the beginning of this week's trading, the price of gold fell to around $2,365 per ounce, paring its previous gains and retreating from last week's record highs as investors took profits.

The Japanese yen has continued its sharp gains, jumping to 141.68 yen per dollar, reaching its highest level since early January 2024.