Forex Daily Forecast, Analysis and Prediction

The WTI Crude Oil market initially tried to rally but gave back gains as the $100 level has offered far too much in the way of resistance.

Bitcoin has initially tried to rally during the trading session on Wednesday but gave back gains as we reached the 50 Day EMA.

Ethereum has rallied a bit to kick off the trading session on Wednesday, but I do not see a lot of momentum, nor do I see a lot of volume in this market.

Monero has rallied a bit during the trading session on Wednesday as we are dancing around the $190 level.

The FTSE 100 has rallied during the trading session on Wednesday to touch the 50 Day EMA before pulling back a bit.

The DAX had an explosive positive move during the trading session on Wednesday to reach towards the €14,500 level.

The NASDAQ 100 has rallied significantly on Wednesday, despite the fact that the Federal Reserve raised interest rates by 25 basis points.

The S&P 500 has been all over the place during the trading session as the Federal Reserve meeting and announcement has come and gone.

The GBP/USD pair held steady on Thursday morning as investors reflected on the hawkish Fed decision as they waited for the Bank of England (BOE).

The EUR/USD pair was little changed after the Fed decision and as Ukraine and Russian negotiators moved close to a deal.

The AUD/USD price continued rising on Thursday morning as investors reflect on the strong Australian jobs data and the Federal Reserve decision.

Spot natural gas prices (CFDS ON NATURAL GAS) rose during the recent trading at the intraday levels, to achieve daily gains until the moment of writing this report, by 1.87%.

The Dow Jones Industrial Average rose during its recent trading at the intraday levels, to achieve gains for the second day in a row, by 1.82%, to add to it about 599.10 points.

The price of the EUR/USD currency pair may continue to move in narrow ranges until the US Federal Reserve announces the update of its monetary policy decisions.

A crucial moment for the gains of the US dollar pairs today, as the US Central Bank will announce a widely expected decision, which is to raise US interest rates for the first time in 2018.