Forex Daily Forecast, Analysis and Prediction

The British pound initially pulled back a bit during the trading session on Tuesday but then shot straight up in the air to finally break above the crucial 1.3750 level.

The FTSE 100 fluctuated during the trading session on Tuesday as we continue to see plenty of choppiness right around the 50-day EMA.

The West Texas Intermediate Crude Oil market pulled back significantly during the trading session on Tuesday, but found plenty of support underneath to form a hammer-shaped candlestick.

The S&P 500 pulled back just a bit during the trading session on Tuesday but continues to find buyers on dips.

NASDAQ traders continue to be bullish and see reasons to buy the market.

The euro rallied to break above the previous uptrend line, which should have in theory offered a significant amount of resistance.

The DAX Index initially dipped during the trading session on Tuesday but found enough support underneath the 14,000 level to turn things around.

Gold markets initially rallied during the trading session on Tuesday to reach towards the $1850 level.

The Aussie dollar continues to show strength as it bounced from the 50-day EMA recently, which will capture the attention of a lot of traders.

Gold markets initially rallied during the trading session on Tuesday to reach towards the $1850 level.

Bitcoin rallied again during the trading session to capture an all-time high at the $48,178 level on Tuesday.

The price peaked about 24 hours ago at the all-time high of $48,178.

The USD/INR has seen its short-term support and resistance levels grow tighter the past couple of days.

The EUR/USD is rising for the fourth consecutive day ahead of the important US and Germany inflation data and a speech by Jerome Powell.

The AUD/USD has risen to a two-week high, helped by a relatively weaker US dollar and high commodity prices.