Forex Daily Forecast, Analysis and Prediction

The EUR/USD price drifted higher on Wednesday morning as investors focused on the falling volatility and the upcoming European inflation data.

The AUD/USD price remained in a tight range remained in a consolidation phase after the Reserve Bank of Australis (RBA) published the latest minutes.

Crypto markets have become lifeless and boring, with low volatility and little directional price movement.

The gold markets initially rallied during the day on Tuesday but continue to see a lot of downward pressure.

The S&P 500 has fallen during the trading session after initially shooting straight up in the air.

The West Texas Intermediate Crude Oil market has fallen rather significantly during the course of the trading session on Tuesday

Ethereum has pulled back a bit during the trading session on Tuesday as we continue to see a lot of lackluster interest in the crypto markets.

The German index rose initially during trading on Tuesday as we saw the market break well above the 50-Day EMA.

The US dollar initially dipped during the trading session on Tuesday but found buyers again below the ¥149 level as the US dollar is like a wrecking ball

Bitcoin has fallen a bit during the trading session on Tuesday as Bitcoin continues to be where “money went to die.”

The New Zealand dollar has rallied significantly during the trading session on Tuesday, to reach near the 0.57 level.

The British pound has pulled back from the 50-Day EMA yet again on Tuesday, mirroring what we did on Monday

The Euro rallied just a bit during the trading session on Tuesday as we continue to see a little bit of a recovery.

The price of the USD/TRY stabilized on slight changes, amid the absence of any impact of the data with the clear intervention of the Turkish Central Bank in the currency exchange market to prevent a significant decline in the price of the lira.

Spot natural gas prices (CFDS ON NATURAL GAS) continued their decline in early trading on Wednesday, to deepen their losses yesterday.