Forex Daily Forecast, Analysis and Prediction

The West Texas Intermediate Crude Oil market has initially tried to rally but gave back gains rather quickly as we have seen inflation numbers come out much stronger than anticipated.

The S&P 500 initially tried to capture the 200-day EMA but gave it up rather quickly.

The NASDAQ 100 has gapped lower to kick off the session on Tuesday as the CPI numbers came out much hotter than anticipated.

Ethereum has gotten hammered for over 7% during the trading session on Tuesday, as the US dollar spiked.

The BTC/USD fell rather hard during the trading session on Tuesday as the US dollar took off.

The USD/JPY rallied during the trading session on Tuesday as we initially pulled back, only to see the CPI number come out much hotter than anticipated.

The GBP/USD initially tried to rally on Tuesday but found a lot of resistance just above as the CPI number in the United States came out much hotter than anticipated.

The AUD/USD rallied a bit during the trading session on Tuesday only to find the 50-Day EMA to be too much to overcome.

Gold has fallen hard during the trading session on Tuesday after the US CPI numbers came out much hotter than anticipated.

The DAX initially tried to reach above the €13,600 level before rolling over and selling off quite drastically.

The EUR/USD exchange rate has entered the new week's trading with spring in its stride and could look to extend its nascent recovery over the coming days

The US dollar stabilized against the Turkish lira with minor changes, as the pair maintained its sluggish rise.

Spot natural gas prices (CFDS ON NATURAL GAS) stabilized at an increase in the recent trading at the intraday levels, achieving slight daily gains.

The GBP/USD exchange rate hit multi-decade lows last week before rebounding ahead of the weekend.

The Dow Jones Industrial Average continued to rise in its recent trading at the intraday levels, to achieve gains for the fourth consecutive session.