Forex Daily Forecast, Analysis and Prediction

Amidst a bullish momentum supported by the decline in US inflation figures, the EUR/USD currency pair has returned to the psychological resistance level of 1.1000, bolstering the dominance of bulls.

The NASDAQ 100 rallied a bit during the course of the trading session on Tuesday, as we continue to see a little bit of a risk on the move.

The US dollar rallied a bit during the course of the early hours on Tuesday but has given back some of the gains.

The British Pound has rallied significantly during the early hours on Tuesday as the PPI numbers in the United States came out weaker than anticipated.

The pair is one that I'm very interested in paying attention to, due to the fact that we have seen the market bounce into the 0.5250 level, an area that has been important multiple times.

The FTSE 100 was very noisy during trading on Tuesday as we continue to hang around the 50-day EMA.

This morning’s early high was around the 0.60835 vicinity which touched values last seen on the 18th of July.

Bitcoin has risen over recent days, printing new obvious and higher stairstep levels of key support, despite the long-term bearish trend that has been established since the start of June.

he GBP/USD currency pair rallied as the US dollar index retreated by more than 0.50% after the encouraging Producer Price Index (PPI) report.

The EUR/USD pair rallied to the psychological resistance point at 1.100, its highest point since January 2nd.

It’s easy to see that the US dollar is still flat on its back against the Malaysian ringgit.

The AUD/USD exchange rate continued its strong recovery after a series of important economic data from Australia and the United States.

I recognize that this asset is testing the crucial 200-Day EMA.

I can see this asset is doing everything it can to break out to the upside.

Bitcoin has gone back and forth during the course of the trading session on Tuesday.