Forex Daily Forecast, Analysis and Prediction

The USD/BRL has displayed an ability to track lower the past week and a half as it has correlated to the broad Forex market rather well, making it a speculative consideration.

The GBP/USD rallied during Tuesday's trading session, piercing the 1.25 level, an area of significant psychological importance.

Silver had a mixed trading session on Tuesday, moving back and forth in a narrow range.

The West Texas Intermediate (WTI) crude oil market saw little action during Tuesday's trading session, following Monday's over 5% gap up, which is a bullish sign.

The Euro opened Tuesday’s trading session with a strong push upwards, breaking through the 1.09 level.

The GBP/JPY made a significant rally during Tuesday’s trading session, breaking out to a fresh high above the ¥166 level.

The AUD/USD has been facing significant resistance around the 0.68 level in recent trading sessions.

The natural gas market is currently in a state of limbo as it continues to trade within a tight range with the $2.00 level acting as a potential floor.

The British pound has emerged as one of the top-performing currencies in developed countries.

The gold market has been on the rise during the trading session on Tuesday, breaking above the $2000 level in the futures market.

On Tuesday, the S&P 500 started off with an attempt to rally, but eventually showed signs of exhaustion, indicating that the market could be reaching its peak.

The EUR/USD recovery continued its recovery as the US dollar weakness continued.

Bitcoin’s price action has been relatively muted in the past few days as traders wait for the next catalyst and as liquidity remains sharply low.

The US dollar made a modest rally during Tuesday's trading session, reaching towards the 50-Day EMA.

The AUD/USD pair pulled back after the Reserve Bank of Australia (RBA) decided to pause its interest rate hikes.