Forex Daily Forecast, Analysis and Prediction

Bears yesterday control the performance of the euro-to-dollar currency pair EUR/USD after U.S. inflation was reported to be higher.

The current value of the NZD/USD has recovered some ground upwards after yesterday’s plunge lower which saw the 0.60500 vicinity challenged.

The Aussie dollar has plunged after the Consumer Price Index in the United States came out hotter than anticipated.

The British pound broke higher during the course of the training session on Tuesday.

The German DAX has fallen during the course of the trading session on Tuesday.

The S&P 500 fell rather hard during the trading session on Tuesday.

Initial signs of bearish topping out.

The US dollar rallied significantly during the course of the trading session on Tuesday.

Bitcoin has shown itself to be initially bullish, but then turned around to show signs of negativity.

The Euro initially tried to rally during the trading session here on Tuesday.

Gold has pretty much collapsed during the session.

The NASDAQ 100 initially fell during the trading session.

Silver has initially tried to rally during the trading session on Tuesday but got crushed as soon as the CPI numbers in the United States came out.

The AUD/USD exchange rate suffered a harsh reversal after the strong US inflation numbers.

The EUR/USD pair retreated below the bearish flag pattern as the US dollar index (DXY) surged to its highest point in three months.