Forex Daily Forecast, Analysis and Prediction

The Euro initially tried to rally during the trading session on Tuesday, but as you can see, it fell a bit to break down through a trendline.

The US dollar has initially tried to rally against the Japanese yen but fell rather hard to slice through the ¥106 level before turning right back around.

The Australian dollar has fallen a bit during the trading session on Tuesday and what would have been noted as a “risk-off session” around the world.

The US dollar has bounced rather significantly against the Mexican peso during the trading session and everything else that is traded against it on Tuesday.

USD/JPY: Yen not highly preferred to Dollar as Safe Haven

BTC/USD: Bulls providing support

GBP/USD: Pound weakens on E.U. trade deal fears

The NASDAQ Composite will be watched by global investors and speculators carefully today.

The British pound has broken down significantly during the trading session on Tuesday as traders pushed the cable pair below the 1.30 level.

The NASDAQ 100 has broken down significantly during the trading session on Tuesday, cranking below the 50 day EMA, and testing near the 11,000 handle.

The S&P 500 has fallen rather hard during the trading session again on Tuesday, reaching down towards the 50 day EMA.

Silver markets were all over the place during the trading session on Tuesday as traders came back to work.

The USD/TRY has seen a prolonged bullish trend and as global risk sentiment has become cautious the past few trading sessions the forex pair has begun to establish new high watermarks.

The West Texas Intermediate Crude market got absolutely crushed during trading on Tuesday as traders came back to work in Chicago and New York.

EUR/USD: Yet Euro is not relatively weak