Forex Daily Forecast, Analysis and Prediction

The BTC/USD pair has stabilized in the past few days after losing the momentum it had on Monday.

The AUD/USD exchange rate crashed to the lowest level in more than 11 months as Australia’s bond yields jumped.

The price of the Turkish Lira varied against the US dollar during early trading on Wednesday morning, as the Turkish currency stabilized near its lowest levels ever against the dollar.

The abrupt move upward in the USD/BRL the past couple of days may have caught bearish traders by surprise, price velocity has been fast and resistance levels have proven vulnerable.

The NZD/USD has continued to slide lower since making rather intriguing highs last Friday, the move lower once again has highlighted the bearish trend of the currency pair.

The downward path of the EUR/USD currency pair was the most prominent during this week, as the EUR/USD pair moved towards the 1.0448 support level, its lowest during the year 2023.

The GBPUSD exchange rate is approaching the psychologically important 1.20 level, but the next notable source of support can be found at the 1.19 level according to analysts' pessimistic outlook towards the currency pair.

Suddenly, and as we have often noted and warned about, the Japanese yen rose from its weakest levels in a year against the US dollar amid speculation that Japanese officials were working to slow the decline of the currency.

The continued strength of the US dollar and the increase in bond yields contributed to the increase in gold sales.

The USD/CHF has rallied again during the trading session on Tuesday, as we continue to see it destroy almost everything it meets.

The NZD/USD has fallen rather significantly during the day on Tuesday, as we are testing the 0.59 level yet again.

In Tuesday's trading session, the silver market initially witnessed a sharp decline but rebounded significantly just before American traders entered the fray.

The S&P 500 experienced a drop in early-hour trading on Tuesday.

The US dollar has rallied significantly during the trading session on Tuesday to break above the 200-Day EMA against the Mexican peso.

On Tuesday, the crude oil markets experienced an initial drop, only to swiftly recover and display signs of stability once more.