Forex Daily Forecast, Analysis and Prediction

AVAX/USD has seen its value slide in early trading this morning, as the cryptocurrency fell through the key support and continued to stumble.

The US Dollar is likely to be the key price driver today.

The US dollar initially tried to rally on Wednesday but turned around to show signs of exhaustion.

The euro fell a bit on Wednesday as the euro ran out of momentum.

The British pound initially fell on Wednesday as the 1.26 level continues to be a massive barrier.

The S&P 500 rallied on Wednesday to reach the 4000 level.

The West Intermediate Crude Oil market did very little on Wednesday as we continue to see the market shows very little in the way of momentum.

The Ethereum market went back and forth on Wednesday as we are sitting just below the $2000 level.

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.