Forex Daily Forecast, Analysis and Prediction

The Dow Jones Industrial Average returned to rise during its recent trading at the intraday levels, to achieve gains in its last sessions by 1.37%, to add the index to it about 436.05 points.

The British pound rallied significantly during the trading session on Wednesday after the Federal Reserve raised interest rates by 75 basis points.

The NASDAQ 100 Index rallied significantly Wednesday after the Federal Reserve raised interest rates by 75 basis points.

The NZD/USD provided traders with a sincere kick higher yesterday, but the currency pair did not surpass highs seen last week.

The S&P 500 has rallied significantly after the Federal Reserve meeting on Wednesday, as traders rejoice that the interest rate hike was only 75 basis points instead of 100, which was feared.

The Australian dollar has rallied after the Federal Reserve meeting, as we have seen the Aussies slam into the 0.70 level.

The Euro rallied a bit during the trading session on Wednesday after the Federal Reserve meeting

The GBP/USD pair rose sharply even after the Federal Reserve delivered the latest interest rate decision.

The Bitcoin market rallied ever so slightly Wednesday as we continue to see a lot of noisy behavior.

The Ethereum market bounced a bit Wednesday as the market is bouncing from the hammer that had been formed during the Tuesday session.

The West Texas Intermediate Crude Oil market has been somewhat tight Wednesday as we continue to see the oil markets worry about multiple issues at the same time.

The USD/JPY pair initially rallied Wednesday but gave back gains to show signs of hesitation.

Bitcoin retested the important resistance level at $23,000, which was still about 10% below the highest point last week.

Gold markets have been relatively quiet as we awaited the Federal Reserve meeting on Wednesday.

The EUR/USD price rose sharply after the hawkish interest rate decision by the Federal Reserve.