Forex Daily Forecast, Analysis and Prediction

The EUR/USD pair declined on Tuesday morning as traders waited for the latest German economic sentiment and Eurozone GDP numbers.

The Euro fell during most of the trading session on Monday, as the 200 day EMA has offered a somewhat significant resistance barrier.

The British pound gapped higher during the open on Monday, only to turn around and fall apart.

The FTSE 100 has broken out during the trading session on Monday, to clear the 7180 handle.

The S&P 500 has rallied a bit on Monday, despite the fact that the underlying index was closed due to the Labor Day holiday in the United States.

The NASDAQ 100 has rallied a bit during the trading session on Monday to show signs of life, despite the fact that Americans were even at work.

The West Texas Intermediate Crude Oil market has gapped lower to kick off the trading week.

The US dollar was very quiet against the Canadian dollar on Monday, as it was Labor Day in both the United States and Canada.

The gold market has pulled back a bit during the trading session on Monday from a major resistance barrier in the form of $1835.

The US dollar fell against the South African Rand on Monday in a continuation of the massive selloff that had been kicked off a couple of weeks ago.

The bitcoin market has finally broken higher during the trading session on Monday, to break well above the $51,000 level.

The NZD/USD is delivering on its known capability of creating solid short-term trends and alluring speculative volatility for its legion of traders.

The past handful of days has seen consolidation exhibited within the USD/INR with a slight reversal higher, but the current price range remains in bearish territory.

Critical mid-term resistance is clearly within sight for XRP/USD technical traders this morning as the broad cryptocurrency market remains stable.

The price again is trading above $50k area.