Forex Daily Forecast, Analysis and Prediction

The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to record losses in its last sessions, by -0.81%, to lose the index by -269.24 points.

The lira continues to decline against the major currencies, especially the dollar.

Spot natural gas prices (CFDS ON NATURAL GAS) decreased in their recent trading at the intraday levels, to record sharp daily losses until the moment of writing this report, by -3.78%.

There is wide consolidation between $1.2400 and $1.2600.

There is a narrowing triangle chart pattern forming.

AVAX/USD remains in the lower depths of its long term price range, and hopes of a strong reversal higher appear diminished for the near term.

The USD/JPY has created a whirlwind for Forex traders as they try to anticipate the gyrations of the Japanese Yen in fast and volatile conditions.

Solana did very little on Wednesday, which is a bit impressive considering just how negative it has been previously.

The S&P 500 fell a bit on Wednesday as the 50-day EMA has offered a bit of resistance.

The NASDAQ 100 initially rallied on Wednesday but gave bank gains to show signs of weakness again.

The DAX fell rather hard on Thursday as we continue to see a lot of negativity.

Litecoin threatened the $60 level on Wednesday as it looks like we are ready to break down again.

The euro went back and forth on Wednesday as we continue to see markets trying to figure out where to go next.

The US dollar rallied a bit on Wednesday as we continue to see US dollar strength overall.

Gold markets went back and forth on Wednesday as we are essentially killing time this week.