Forex Daily Forecast, Analysis and Prediction

The general trend of the EUR/USD pair is still bearish.

The recovery of the US dollar brought new selling pressure to the gold market.

It looks like the US dollar initially tried to rally against the Canadian dollar during the Wednesday session.

The natural gas markets rallied a little bit during the trading session on Wednesday.

You can see the Euro rallied quite significantly during the trading session on Wednesday.

The British Pound has rallied a bit during the trading session on Wednesday.

Bitcoin rallied significantly during the early hours on Wednesday.

The Australian dollar exhibited a notable fluctuation during a recent trading session.

In recent trading sessions, the crude oil market has demonstrated a resurgence, particularly during the early hours of Wednesday.

$40,500 area looks likely to be pivotal today.

The German index rallied significantly during the course of the training session on Wednesday, as it looks like we are going to continue to rally.

Early in the day on Wednesday, gold prices rallied, reinforcing the general bullish sentiment that surrounds the gold market.

During Wednesday's session, silver exhibited a substantial rally, reinforcing the $22 mark as a strong support level.

The AUD/USD exchange rate pulled back during the American and Asian session after the US published another set of strong economic numbers.

The EUR/USD exchange rate was relatively volatile after the latest flash manufacturing and services PMI numbers from the US and Europe.