Forex Daily Forecast, Analysis and Prediction

Bitcoin rallied a bit but gave back some of the gains to show signs of hesitation.

Gold markets spiked initially on Tuesday but have given up early gains as both the 50-day and the 200-day EMA indicators seem to be too much for the market.

Litecoin rallied just a bit on Tuesday to reach above the $114 level.

The GBP/USD held steady on Wednesday morning as investors reflected on the strong economic data from the UK and US.

The BTC/USD pair jumped to above 39,000 for the first time since January 22nd as the recovery continued.

The AUD/USD darted higher as investors started pricing in a rate hike by the Reserve Bank of Australia (RBA).

Today’s trading started off positive for EUR/USD as the pair jumped to the resistance level of 1.1247. It is bouncing back from the 1.1122 support level that it recorded last week

The US dollar is strong. Fundamentally speaking, it will be enjoying high demand in the medium term.

With strong indications of the BOE's tightening future, the major focus of economists and markets will remain on the Bank of England's decisions about a new rate hike.

For three trading sessions in a row, the price of the USD/JPY currency pair is exposed to selling operations that seem to take profits

The gold market held on to gains, recovering from last week's sharp drop that came on the heels of an upbeat turnaround from the Federal Reserve.

We expect the price of the lira to decline after it returned to test the broken trend line on the 4 hour time frame and position on the chart.

Spot natural gas prices declined during the recent trading at the intraday levels, to record daily losses.

The Dow Jones Industrial Average rose in its recent trading at the intraday levels to achieve sharp gains in trading on Monday and for the second day in a row, by 1.17%.

ADA/USD has displayed a reversal higher in late trading; the slight bounce upwards may attract speculators who believe the marketplace is undersold.