Forex Daily Forecast, Analysis and Prediction

The price of Silver as of this writing is nearly 23.900 USD with the commodity having come off early morning values which touched 24.300.

The West Texas Intermediate Crude Oil market has rallied slightly during the trading session on Tuesday, to gain 47 basis points.

The USD/CAD initially tried to break out to the upside during the trading session on Tuesday but gave up gain again near the 1.37 level.

The NZD/USD has fallen again during the trading session on Tuesday, as it looks like the 0.65 level above has offered a significant resistance barrier.

The USD/INR has gone back and forth during the last couple of trading sessions, and the Tuesday session was no different.

Gold markets have rallied again during the session on Tuesday, to break back above the $1800 level.

My previous EUR/USD signal on 12th December was not triggered, as none of the key levels were reached that day.

The USD/JPY has gotten hammered, as the Japanese yen got a major boost from its central bank overnight.

The AUD/USD has fallen during the trading session on Tuesday after initially rallying.

The S&P 500 has been somewhat stable during the trading session on Tuesday, as we have reached the 3800 level.

The EUR/USD has rallied a bit during the trading session on Tuesday, as we continue to hang around just above the 1.06 level.

The DAX has initially fallen during the trading session on Tuesday but has found enough buyers underneath to turn things around.

At the beginning of this week's trading, the Japanese yen fell, after reports of a possible change in a key agreement between the government and the Japanese central bank fueled by speculative policymakers approaching a tight pivot point.

At the beginning of this week’s trading, gold (XAU/USD) price tried hard to return to the vicinity of the psychological resistance 1800 dollars an ounce again.

The GBP/USD retreated from six-month highs last week as deteriorating economic data and hawkish central banks sent risky assets crashing.