Forex Daily Forecast, Analysis and Prediction

The West Texas Intermediate Crude Oil market broke significantly higher on Tuesday to slam through the $100 level.

The S&P 500 tried to rally during the day on Tuesday, only to fail at the 200-day EMA which is at the 4400 level.

The NASDAQ 100 initially tried to go higher on Tuesday but pulled back rather significantly to close towards the bottom of the candlestick.

Gold markets broke out significantly on Tuesday as fear continues to be a major problem around the world.

The Australian dollar pulled back from the 200-day EMA on Monday, which sits just below the crucial 0.73 handle.

The Bitcoin market rallied rather significantly again on Tuesday as tensions continue to cause concerns about moving money around the world.

Monero has been very bullish during the trading session on Tuesday to reach towards the $180 level.

Ripple broke above the $0.75 level over the last couple of days, which suggests that perhaps we are ready to go higher based upon the fact that we have formed a nice “V bottom.

The GBP/USD pair declined sharply on Tuesday as risks in Europe continued.

The EUR/USD pair retreated in the overnight session as investors started to predict that the current Russian crisis will push the ECB to slow its tightening.

The AUD/USD pair erased some of the gains it made on Tuesday after the latest interest rate decision by the Reserve Bank of Australia.

Amidst a state of instability with a bullish tendency, the gold market moved in the last trading session.

Any gains for the USD/JPY currency pair may be an opportunity to sell as the Japanese yen is one of the most important safe havens for investors in times of uncertainty.

For two days in a row, the price of the GBP/USD currency pair is trying to recover and compensate for its recent losses.

The EUR/USD exchange rate has entered this week's trading under pressure.