Forex Daily Forecast, Analysis and Prediction

The Nifty 50 has pulled back a bit, but now finds itself hanging onto the 200-Day EMA as we have bounced just a bit over the last 24 hours.

The GBP/USD has fallen just a bit during the trading session on Tuesday, as we continue to look at the 1.25 level as major resistance.

The West Texas Intermediate Crude Oil market pulled back a bit but found the previous neckline of the inverted head and shoulders to bounce from.

The AUD/USD has initially fallen during the trading session on Tuesday but found the buyers underneath to turn things around.

Gold markets have fallen initially during the trading session on Tuesday but found a lot of strength later in the day to turn around and form a massive hammer.

BTC/USD is near the 23,100.00 prices as of this writing with abundant volatility on full display.

Day traders of the USD/INR should practice extreme caution today.

My previous USD/JPY signal on 18th January was not triggered, as there was no bullish price action when the support levels I had identified at ¥129.60 and ¥128.47 were reached that day.

The British pound came under selling pressure after the IMF warned about the state of the economy.

Gold markets are getting stretched. How will they fare during February? Get the monthly forecast here.

The EUR/USD price moved sideways on Wednesday with the focus now being the upcoming Fed decision.

The AUD/USD formed a small hammer pattern on Wednesday morning as the focus remained solid on the upcoming FOMC decision.

The S&P 500 has been very noisy during the month of January, and as we head into February there are a lot of questions being asked.

The NASDAQ 100 continues to try and recover during the month of January, and at the time of writing it seems like everybody’s bullish again.

Bitcoin: Value Climb Builds as many Speculators Proved Wrong