Forex Daily Forecast, Analysis and Prediction

Silver markets initially fell on Tuesday to reach below the $25 level.

The Ethereum market rallied ever so slightly on Tuesday as we continue to respect the $2500 level.

Solana went sideways over the last week or so, but it is worth noting that we are sitting just above the $80 level, which is an area where we have seen support more than once.

The S&P 500 initially fell on Tuesday only to find buyers underneath and recover.

Gold markets plunged quite drastically again on Tuesday to break through the $1920 level before finding buyers again.

The US dollar went back and forth on Tuesday to show a little bit of hesitation.

The euro initially tried to rally on Tuesday but has given up gains yet again as we continue to see the downtrend strengthen from a longer-term standpoint.

Bitcoin markets did very little again on Tuesday, as we sit just below the potentially crucial $40,000 level.

The West Texas Intermediate Crude Oil market gapped lower at the open in Asia and then fell well below the $100 level.

The US dollar went back and forth on Tuesday against the South African rand, as we sit just below the 200-day EMA.

This pair is likely to be interesting to trade after the FOMC release.

The EUR/USD pair retreated in the overnight session ahead of the upcoming US retail sales and the Federal Reserve decision.

The BTC/USD pair remained in a tight range in the overnight as the consolidation phase continued as investors waited for the upcoming Fed decision by the Federal Reserve.

The AUD/USD pair held steady on Wednesday morning as the market reflected on the latest RBA minutes and the upcoming Federal Reserve decision.

Gold continued to decline after bond yields rose ahead of the key Federal Reserve meeting where policy makers are set to raise US interest rates.