Forex Daily Forecast, Analysis and Prediction

The US dollar has been all over the place against the Swiss franc early on Tuesday as we touched the crucial 0.89 level and then pulled back.

The German DAX was slightly positive during the trading session on Tuesday.

GBP Dips, Rebounds at 50-Day EMA Amid Volatility.

The GBP initially fell during the trading session on Tuesday against the CHF, however, we have seen buyers come back into the market and show signs of stabilization.

You can see that the dollar has stretched higher against the Japanese yen overnight as the Bank of Japan raised interest rates to 0.1%.

The EUR/USD pair was flat ahead of the important Federal Reserve decision.

Bitcoin price has been highly volatile this week as some investors started to take profits after the recent spectacular bull run.

The US dollar has shot straight up in the air against the Loonie during trading session on Tuesday as the 1.3620 level is now being threatened.

Short trade from any new rejection of resistance looks likely to be the best opportunity today.

The AUD/USD pair continued its strong sell-off as signs of a divergence between the Federal Reserve and the Reserve Bank of Australia (RBA) emerged.

Bitcoin plunged during the early hours on Tuesday as we continue to see massive amounts of profit taking.

Gold markets have fallen a bit during the trading session on Tuesday, but it does look like we have quite a bit of support just below.

The GBP/USD exchange rate fluctuated last week, as a flow of economic data from the US and UK led to volatility in the pair.

Despite the long-awaited rate hike in Japan, the USD/JPY pair continued its upward trend, with gains reaching the resistance level of 150.48 at the time of writing the analysis.

At the start of trading this important week, the euro/dollar exchange rate (EUR/USD) stabilized at a level slightly below 1.09, with losses extending to the support level of 1.0861.