Forex Daily Forecast, Analysis and Prediction

The Japanese Yen is now being sold despite its exceptionally strong rise on Monday after suspected Bank of Japan intervention.

Ethereum plunged during the early hours on Tuesday, but at this point in time, the market is likely to continue to see a lot of noise out there as we're hanging around the crucial $3,000 level.

The Hong Kong 50, the benchmark index of the Hong Kong Stock Exchange, has ran into a bit of a brick wall over the last 36 hours in the form of HK$18,000.

The US dollar has been going back and forth during the course of the trading session on Tuesday, but overall, it has been relatively stable.

The S&P 500 fell somewhat significantly during the trading session on Tuesday, to reach down toward the 50-Day EMA indicator.

The British pound has rallied during the trading session on Tuesday to reach toward the 1.15 level above.

The Aussie dollar fell significantly during the course of the trading session on Tuesday.

Bitcoin is bearish like almost all commodities in the current market environment.

The GBP/USD pair dipped sharply amid a broader US dollar rebound.

The EUR/USD exchange rate dived sharply after mixed European and American economic numbers.

The euro has rallied a little bit against the British pound as we have tested a major area of support right around the 0.8525 level.

The Australian dollar suffered a harsh reversal after the relatively weak Australian retail sales and US consumer confidence report.

The US dollar has rallied a bit during the early hours on Tuesday as we continue to see a lot of noisy behavior.

Bitcoin initially did try to rally a bit during the trading session on Tuesday, but since then has plunged lower.

The gold market has shown itself to be rather negative during the day. But I think at this point you have to look at it through the prism of a market that is now testing major support.