Forex Daily Forecast, Analysis and Prediction

The S&P 500 has fallen a bit during the trading session on Wednesday as we await to see what happens with the CPI figure early Thursday morning.

The British pound has rolled over from the significant resistance area that I have been pointing out of the last couple of days on Wednesday.

The NASDAQ 100 has drifted lower ahead of CPI numbers coming out on Thursday, as Tesla has been eviscerated again.

The AUD/USD has pulled back from the 0.65 level, an area that has been very important for a while.

The Turkish lira maintained its stability against the US dollar, as the lira did not benefit from the strong dollar's decline that was recorded over the course of this week and the end of last week.

The S&P 500 initially had a very good look to it during the trading session on Tuesday.

The NZD/USD has had a choppy trading session on Tuesday, as we continue to see a lot of questions about the overall risk appetite of traders.

The NASDAQ 100 has gone back and forth during the training session on Tuesday as volatility has picked up yet again during the session.

The EUR/JPY has pulled back against the Japanese yen during the trading session on Tuesday, as we continue to see a lot of consolidation.

The GBP/USD has rallied significantly during the trading session on Tuesday, as we have reached above the 1.15 level.

Spot natural gas prices (CFDS ON NATURAL GAS) declined in early trading on Wednesday, recording slight daily losses until the moment of writing this report.

The current bullish rebound in the performance of the EUR/USD currency pair with gains towards the 1.0096 resistance level caused a noticeable decline in the US dollar

The Dow Jones Industrial Average continued to rise during its recent trading at intraday levels.

The performance of the British pound was softer yesterday after a strong recovery in the beginning of this week's trading.

The US dollar has continued to sell off since the US job numbers were announced at the end of last week.