Forex Daily Forecast, Analysis and Prediction

The DAX was slightly negative during the early hours on Tuesday, but we do continue to see buyers jumping into this market when it dips.

The AUD/USD pair drifted upwards sharply after the relatively hawkish statement by the Reserve Bank of Australia (RBA).

The BTC/USD pair plunged to a low of 64,000, its lowest point since May 15th. It has crashed by double digits from its highest level this year.

The GBP/USD continued to stabilize after the mixed economic numbers from the United States and the upcoming Bank of England (BoE) interest rate decision.

The EUR/USD pair drifted upwards after the relatively strong European inflation data and mixed US economic data.

Bitcoin fell rather hard during the trading session on Tuesday, as we are now below the crucial $65,000 level as I record the video.

With sentiment still weak, GBP/USD has fallen to a one-month low of 1.2658 and is settling around 1.2700 at the start of trading on Tuesday.

Since yesterday, the USD/JPY price has been steady bullish around the 157.95 resistance level.

At the start of trading this week, gold futures slipped, supported by rising US Treasury yields.

At the beginning of this week’s trading, EUR/USD stabilized around $1.07, remaining at its lowest levels in seven weeks.

The EuroStoxx 50 bounced rather significantly during the early hours on Monday, using the €4835 level as support

The US dollar has pulled back slightly during the early hours on Monday as the 1.3550 barrier has offered resistance yet again against the Singapore dollar.

The US dollar rallied a bit during the early hours on Monday and continued to show signs of resiliency during the trading session.

The British pound has bounce just a bit during the trading session on Monday as the 50-Day EMA has stepped into the picture to offer support.

The Euro rallied significantly during the early hours on Monday, as we are hanging around at the 1.07 level, an area that has been important more than once.