Forex Daily Forecast, Analysis and Prediction

Bitcoin and stocks retreat after the relatively hawkish statement by the Federal Reserve.

The AUD/USD price retreated after the latest Federal Reserve interest rate decision.

Pivotal support level at $1.0625.

The USD/TRY stabilized, recording slight movements during European trading on Wednesday.

The early hours of Tuesday bore witness to a relatively tranquil S&P 500, with no substantial economic data driving market movements throughout the day.

We expect the continuation of the downward momentum in EUR/USD price performance until the reaction of the markets after today’s Federal Reserve announcement

Silver displayed a modest uptick in Tuesday's trading session, indicating a determined effort to conquer the persistent $23.50 resistance level that has proven formidable in recent times.

The continued discrepancy between the US Central Bank’s strict policy and the Bank of Japan will continue to support the upward trend of the US dollar against the Japanese yen (USD/JPY).

Natural gas markets displayed a subdued demeanor at the beginning of the Tuesday session, with traders closely tracking the 50-day Exponential Moving Average.

The price of gold XAU/USD is attempting to rebound higher with gains, and therefore the resistance level reached $1937 per ounce and is settling around the level of $1928 per ounce

Tomorrow the Bank of England is expected to stop the course of tightening its policy, which was the reason for the collapse of the price of the GBP/USD currency pair

The gold market experienced a notable rally during the Tuesday trading session, successfully surpassing the 50-day Exponential Moving Average.

The EUR/USD managed to stage yet another rally during Tuesday's trading session, with the US dollar exhibiting notable volatility.

The USD/BRL closed with an incrementally lower value yesterday, but the currency pair remains within consolidated boundaries as the U.S Federal Reserve readies to spring into action.

The NZD/USD has incrementally traded higher the past few days, but it remains within the lower part of its price range as the U.S. Federal Reserve gets ready to create volatility.