Forex Daily Forecast, Analysis and Prediction

Early on Wednesday, as we continued to develop a bit of a basing pattern in a market that is clearly oversold, natural gas markets saw a small rally.

The euro dropped early on Wednesday to test the 200-Day EMA, but it recovered and began to show resilience once more.

The crude oil market is currently showing signs of bullishness all around.

Bitcoin continues to defy gravity, with the market rising to unprecedented heights.

The U.S. dollar continues to grind right around the 279 level against the Pak rupee as we are just simply killing time.

The Aussie continues to see a lot of noise, as the market fell hard overnight.

Silver is rising early in the trading session on Wednesday.

Early on Wednesday morning, the gold market moved slightly, continuing the trend of sideways trading overall.

Given the ongoing interest rate gap in its favor, the US dollar continues to appear extremely strong when compared to the Japanese yen.

The US dollar has gone sideways against the Mexican peso during the bulk of the month of February.

Gold markets have seen a little bit of negative momentum during the month of February.

The euro has been somewhat noisy during the month of February

Crude oil has been extraordinarily resilient during the month of February

Bitcoin launched itself into the stratosphere during the month of February.

Much likely to depend upon US PCE data release today.