Forex Daily Forecast, Analysis and Prediction

The USD/CAD remains near incredibly important long-term support values and has produced a rather steady range the past two days.

The USD/ZAR is traversing low water marks early this morning, which are testing values not sincerely traded since December of 2019.

Bitcoin markets fell initially to kick off the Tuesday session, but as we have seen multiple times, buyers have come back in to pick up the market and go sideways in general.

The DAX fell initially during the course of the trading session to reach down towards the 15,000 level, an area that has been important more than once.

The FTSE 100 has pulled back significantly during the course of the trading session on Tuesday to reach down towards the 6900 level.

The Euro initially shot higher during the course of the trading session on Tuesday but found the 1.22 level as resistive.

The British pound has rallied a bit during the course of the day on Tuesday, as we are reaching towards the 1.42 handle again.

The Australian dollar has rallied ever so slightly during the trading session on Tuesday to show a little bit of resiliency after forming a massive shooting star

The gold market initially fell during the trading session on Tuesday but found plenty of buyers to turn things around in order to form a bit of a hammer.

The USD/INR has created a rather firm short-term trading range, where speculators may find technical advantages to wager.

The West Texas Intermediate Crude Oil market has initially fallen during the trading session on Tuesday but recovered yet again

The USD/PKR continues to test important support levels, but after hitting low water values, there has been a slight reversal higher.

The price seems stuck in a range between $52,250 and $60,000.

The pound is leading Forex recovery against recent USD strength.

The AUD/USD price retreated during the Asian session as traders waited for the latest consumer inflation numbers from the United States.