Forex Daily Forecast, Analysis and Prediction

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.

For three trading sessions in a row, the price of the USD/JPY currency pair is moving amid important and sharp bullish breaches with gains to the 118.45 resistance level

The GBP/USD exchange rate gave up key support levels on the charts last week, but looming monetary policy decisions by the Fed and the Bank of England (BoE) could see further pullback

For two days in a row, the price of the EUR/USD currency pair is trying to recover higher, stable around the 1.0985 level.

Spot natural gas prices (CFDS ON NATURAL GAS) declined during the recent trading at the intraday levels, to record daily losses until the moment of writing this report, by -2.67%.

The Turkish lira stabilized during the early trading on Tuesday, as it did not witness significant changes from yesterday's trading.

The Dow Jones Industrial Average stabilized during its recent trading at the intraday levels.

ETH/USD is facing a new onslaught of selling pressure early this morning, as it has failed to escape the clutches of downside price action.

BTC/USD remains under pressure in early trading this morning as the world’s largest cryptocurrency remains weighed down by nervous conditions.

There are strong resistance levels overhead.

The German DAX index initially gapped higher to kick off the week in the futures market on Monday, as it started to look like the traders were looking to take advantage of more of a “risk-on” type of situation.

Litecoin initially tried to rally on Monday but then gave back the gains to show signs of hesitation.

Neo fell again on Monday to kick off the week on the wrong foot.

The S&P 500 futures initially tried to rally a bit on Monday, breaking above the 4200 level.