Forex Daily Forecast, Analysis and Prediction

The EUR/USD price crawled back as investors waited for the upcoming interest rate decision by the European Central Bank (ECB).

The GBP/USD pair staged a recovery during the American session as the strong US dollar rally took a breather.

The AUD/USD pair attempted to recover after the surprise interest rate decisions by the Reserve Bank of New Zealand (RBNZ) and Bank of Canada (BOC).

The factors of the euro's weakness are still continuing, most notably the Russian war and its consequences.

The rise in US inflation levels coincided with the decline in US Treasury bond yields.

For three trading sessions in a row, the bulls are settling in the price of the USD/JPY currency pair around the resistance level at 125.75, the highest in six years.

Despite the positive numbers of the jobs and wages market in Britain, the markets have commented on the future of tightening the Bank of England’s policy

The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to record losses for the second day, by -0.26%, to lose the index by -87.74 points.

The Turkish lira rose slightly during trading yesterday, Tuesday, despite US data that showed a rise in inflation, which was supposed to cast a shadow on the dollar.

Natural gas futures extended gains to reach their highest levels in more than 13 years, as swathes of the northern United States and southern Canada experience a prolonged winter.

SHIB/USD has lived up to its title as a volatile cryptocurrency speculative asset in the past couple of days, as volatility has been delivered with a fireworks display.

ETH/USD has not been able to escape the clutches of a bearish trend, which has developed in a strong fashion the past week and a half.

The Aussie is likely to decline against strong US Dollar.

The US dollar went back and forth on Tuesday as we are hanging about the 50-day EMA, as well as the 200-day EMA.

Neo did very little during the trading session, and you can even draw a nice comparison between Neo and Bitcoin because they have moved in the same type of momentum over the last week or two.