Forex Daily Forecast, Analysis and Prediction

The Dow Jones Industrial Average declined sharply during its recent trading at the intraday levels, to record losses for the third consecutive session, by -2.37%.

The price of the USD/JPY currency pair attempted to recover, stable around the 115.47 resistance level.

The Turkish lira continued its losses against the dollar during early trading on Tuesday, as investors increased their appetite for safe haven currencies such as the dollar at the expense of the currencies of emerging economies.

DOGE/USD is trading below 12 cents as of this writing and speculative nervousness is clearly being demonstrated within the cryptocurrency.

LUNA/USD has traded lower and is near important shor- term depths, as its influencers and speculators grapple with nervousness in the broad cryptocurrency market.

Ethereum initially tried to rally on Monday but gave back gains to crash into the $2500 level.

Monero initially tried to rally on Monday but found plenty of sellers near the $175 level to turn things around and show signs of exhaustion.

The West Texas Intermediate Crude Oil market initially gapped for the open on Monday and then shot all the way up to the $130 region.

The US dollar initially fell a bit on Monday to reach down towards the 50-day EMA, only to turn around and show signs of strength again.

Bitcoin fell again on Monday as we continue to see people run away from risk in the overall markets.

Gold markets gapped higher to kick off the trading week on Monday and then broke above the $2000 level.

The DAX gapped lower to kick off the week on Monday, showing signs of extreme selling pressure.

The NASDAQ 100 broke down pretty significantly on Monday, initially gapping lower before filling the gap and then plunging.

The S&P 500 initially gapped lower to kick off the trading session on Monday, but then turned around to try to fill that gap before plunging even lower.

The euro fell rather hard on Monday to reach down towards the 1.08 level.