Forex Daily Forecast, Analysis and Prediction

You can see Bitcoin has initially fell during the trading session and really has not gotten back up from the initial plunge.

The euro initially rallied on Tuesday but gave up gains as we continue to see a lot of noisy behavior in the bond markets.

The S&P 500 has shown a little bit of upward pressure during the trading session on Tuesday.

The Aussie dollar has shown itself to be somewhat hesitant during the trading session to follow through on upward momentum.

Crude oil initially fell during the session on Tuesday and does look a bit threatened at this point in time.

Taking a look at the silver market and as you can see silver has shown itself to be quite bullish during the trading session on Tuesday.

The NASDAQ 100 has initially tried to rally during the trading session on Tuesday, but at this point it looks like we just don't have the momentum to continue going higher.

The US dollar initially tried to fall against the Swiss franc, but on Tuesday we have seen buyers come back into the market and support the green bank.

$1.0875 looks likely to be today’s pivotal point.

Taking a look at the DAX, you can see that the German index initially tried to rally during the trading session on Tuesday.

The British Pound started to rally against the Swiss Franc but has since given back gains.

The GBP/USD pair made a bearish breakout as the US dollar strength resumed.

Bitcoin’s sell-off continued this week as demand continued waning.

This week, the AUD/USD pair formed a small double-top pattern at 0.6612.

The general trend for the USD/JPY pair is still upward.