Forex Daily Forecast, Analysis and Prediction

The West Texas Intermediate Crude Oil market fell on Wednesday as the Federal Reserve announced a 75 basis point interest rate hike.

Helium fell a bit on Wednesday as we continue to see it bounce around the $9.00 level.

Elrond had a slightly negative trading session on Wednesday as we continue to see the crypto markets fall apart.

The DAX rallied a bit on Wednesday as we bounced from the €13,250 level.

The S&P 500 rallied a bit on Wednesday as the Federal Reserve's meeting came into focus.

The Australian dollar rallied a bit on Wednesday to form a double-bottom pattern.

The euro went back and forth on Wednesday as the 1.04 level has offered a little bit of support.

Gold markets bounced a bit on Wednesday as the Federal Reserve announcement has come and gone.

The AUD/USD pair rose slightly as investors reflected on multiple events and data points.

The EUR/USD pair rose in the overnight session as the European energy crisis escalated and after the Fed made its rate decision.

The GBP/USD pair drifted upwards after the hawkish Fed decision.

The Turkish lira stabilized without changes against the dollar during today's trading, to complement yesterday's divergence.

As I mentioned since the start of this important week's trading, the US dollar will remain the strongest until the reaction to the most important event this week passes,

The price of Sterling came under severe and widespread pressure as global stock and bond markets plunged.

The Japanese yen fell to its lowest level against the dollar in 24 years as the growing gap between the monetary policy of the US Federal Reserve and the Bank of Japan attracts money towards the US.