Forex Daily Forecast, Analysis and Prediction

The EUR/USD currency pair has recovered during the trading session on Tuesday to reach the parity region.

The US dollar has pulled back significantly during the trading session against the Swiss franc, losing 1%.

The US dollar has pulled back a bit against the Canadian dollar during the trading session on Tuesday, as we have broken back below the 1.36 level.

The upwards momentum in the NZD/USD has continued to ignite in early trading today. Certainly reversals lower remain part of the natural trading landscape

Bitcoin has rallied slightly during the trading session on Monday to show signs of life, but still struggles with the idea of rallying.

The absolute insanity in the GBP/USD currency pair continues during the trading session on Tuesday, as we have reached the 1.15 level.

The USD/ZAR as of this morning has continued to display downward capabilities and is trading near the 17.65800 ratio as of this writing.

The GBP/USD price continued its bullish recovery as concerns about the UK economy eased.

The Swiss franc has rallied a bid against the Japanese yen during trading on Tuesday, as we see safety assets compete for capital inflows.

The EUR/USD price continued rising as global risks eased and hopes that the Federal Reserve will start its pivot rose.

The AUD/USD price moved sideways on Tuesday and Wednesday morning as the market reflected on the latest interest rate decision by the RBA.

The DAX German index rose significantly during the trading session on Tuesday.

OPEC is getting ready to announce a 2 million barrel per day production cut, which would obviously bring down supply, and therefore should boost pricing.

So, let me ask you if you’ve heard this before: the Fed is getting ready to pivot?

The S&P 500 has rallied significantly during the trading session on Tuesday as we continue to see a bit of recovery.