Forex Daily Forecast, Analysis and Prediction

The Australian dollar broke down significantly during the trading session on Tuesday, slicing through the 0.67 level yet again.

The FTSE 100 has gone back and forth during the trading session on Tuesday, as the market had initially dropped below the 200 day EMA in the futures market to reach down towards the 7300 level.

Natural gas markets exploded to the upside during the trading session on Tuesday as traders came back to work.

Gold markets rallied a bit during the trading session on Tuesday, breaking above the $1600 level.

BTC/USD: Bulls taking control of $10k

After the massive rally in the XRP/USD came to an abrupt halt this weekend, eliminating excessive bullishness, this digital asset found stability at its short-term support zone.

2019 resulted in the worst economic performance for Mexico since 2009, and Finance Minister Herrera is urging financial markets to be more optimistic for 2020.

Yesterday’s ZEW data disappointed, confirming the German economy, and the Eurozone as a whole, are on a weaker footing that market participants priced into their portfolios.

Australian wage growth stagnated in the fourth quarter, expanding by 0.5% quarterly, matching the third-quarter growth rate.

GBP/USD: Descending trend line

EUR/USD: New 2.5-year low price reached yesterday

2020 can be considered as a relatively muted start to the year so far for the Apple stock, with its share price ranging between marginally below $300 and just beneath $330 at time of writing

AUD/USD: RBA Meeting Minutes Seen Dovish

The British pound pulled back a bit during the trading session on Monday, reaching down towards the 1.30 level underneath.

Natural gas markets have gapped to kick off the week on Monday, reaching well above the $1.90 level.