Forex Daily Forecast, Analysis and Prediction

Gold markets have stalled a bit during the trading session on Wednesday, as we may have gotten a bit ahead of ourselves.

The BTC/USD price crashed to below 16,000 amid rising risks of a contagion in the cryptocurrency industry.

The DAX has gone back and forth during the training session on Wednesday, as we continue to see risk appetite all over the place.

The AUD/USD price pulled back slightly ahead of the upcoming American inflation data.

The West Texas Intermediate Crude Oil market has plunged lower during the trading session on Wednesday to reach down toward the $86 level.

The EUR/USD currency pair has pulled back a bit on Wednesday as we have seen a lot of negativity as far as risk appetite is concerned out there.

The USD/JPY has bounced a bit against the Japanese yen during the trading session on Wednesday, as we have seen a certain amount of continuation of the overall trend.

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.