Forex Daily Forecast, Analysis and Prediction

The BTC/USD pair remained under pressure on Tuesday morning as concerns about the Federal Reserve actions remained.

My previous signal on 23rd February was not triggered as the bullish price action took place below the support level which I had identified at $0.6790.

The S&P 500 Index has seen a slight rally, but remains just below major moving averages such as the 50-Day EMA and the 200-Day EMA.

During Monday's trading session, the British pound rallied, suggesting that the market is going to try to break above the 1.20 level again.

The EUR/USD currency pair fell to touch the 200-Day EMA, but it bounced back to show signs of life and now threatens the 1.06 level.

During trading on Monday, we have seen buyers in Frankfurt yet again.

The Australian dollar fell to touch the crucial 0.67 level, indicating that the currency is likely to experience further negativity.

USD/ZAR: From Bad to Much Worse Nervous Behavioral Sentiment

The TRY/USD stabilized during early trading on Monday morning.

USD/INR: Bullish Trend Past Month Challenging Apex Highs Now

The USD/JPY moved higher going into the weekend, and in early trading this morning the currency pair sustained its upwards momentum.

The NASDAQ 100 has broken above a major resistance barrier during the month of February, only to turn around and show signs of weakness.

The S&P 500 has reached all the way up to the 4200 level during the course of the month of February, but then pulled back rather significantly.

Gold markets have plunged during the month of February, suggesting that perhaps the US dollar is trying to claw back in strength.

Bitcoin: Buyers Remain as Skeptics Watch, Speculate and Wait