Forex Daily Forecast, Analysis and Prediction

Bitcoin was a bit noisy during the trading session on Monday as we are hanging around the 20-day EMA.

You can see the euro initially did try to rally during the trading session on Monday but fell.

Gold had initially fallen a bit during the early hours on Monday.

he S&P 500 rallied early during the trading session on Monday.

You can see that the market has shown it's shown to be somewhat negative during the early hours on Monday.

The Australian dollar exhibited early gains in Monday's trading session.

The NASDAQ 100 experienced an early rally on Monday, as has been the norm.

The silver market experienced a notable uptick in early Monday trading.

Crude oil markets see a slight retreat but maintain solid buyer support. Brent faces $80 resistance; both favor buy-on-dip amidst volatility.

The direction of the USD/JPY pair will be closely tied to the developments in the interest rate markets.

The AUD/USD pair was flat on Tuesday morning.

The EUR/USD exchange rate continued its downward trend as the US dollar rallied.

The GBP/USD exchange rate drifted downwards ahead of the upcoming economic numbers from the UK and the US.

$43,609 looks likely to be pivotal today.

The bears' control over the direction of the EUR/USD pair has strengthened, with losses extending to the support level of 1.0812.