Forex Daily Forecast, Analysis and Prediction

The Monero market strengthened on Wednesday to break above the $200 level.

Bitcoin rallied to kick off Wednesday but continues to hear a lot of noise near the $30,000 level.

Gold markets fell rather hard Wednesday as we continue to see a lot of trouble dear the 200-day EMA.

The German DAX Index fell a bit on Wednesday as we continue to hang about the €14,000 level.

The EUR/USD moved sideways after the latest minutes by the Federal Reserve.

The BTC/USD price is still going horizontal after it was criticized by one of the most influential people in finance.

The AUD/USD pair tilted upwards as the US dollar retreated following the latest minutes by the Federal Reserve.

After Lagarde’s recent hawkish statements, the price of the EUR/USD currency pair is trying to maintain the gains of those statements

Gold futures contracts continued to achieve their gains, supported by the decline in the price of the US dollar.

By simply observing the performance of the USD/JPY currency pair on the daily chart below, it seems clear that the currency pair breached the ascending channel.

The price of the GBP/USD currency pair resumed its rapid decline from the 1.2600 resistance level to the 1.2471 support level, after the release of the PMI data

The Turkish lira swallowed up yesterday's gains, as the lira rose after the interest rate decision in the United States of America, which rose 50 basis points.

Spot natural gas prices (CFDS ON NATURAL GAS) settled on an increase in their recent trading at the intraday levels, recording slight daily losses until the moment of writing this report, by -0.46%.

The Dow Jones Industrial Average rose during its recent trading at the intraday levels, to achieve gains for the third consecutive day, by 1.98%.

SHIB/USD is traversing in a very tight consolidated range as it continues to trade in fractional cents, this while speculative zeal surrounding Shiba Inu seemingly erodes.