Forex Daily Forecast, Analysis and Prediction

In the Thursday trading session, the natural gas market witnessed a slight decline during early electronic trading.

The USD/JPY faced initial weakness against the Japanese yen but managed to stage a comeback during Thursday's trading, displaying signs of renewed strength.

Crude oil markets experienced a notable rally during Thursday's trading session, hinting at a potential breakout.

During the Thursday trading session, the GBP/JPY experienced a slight pullback, a temporary setback that is likely to be followed by a bounce back, showcasing the currency's resilience in the forex markets.

During Thursday's trading session, the British pound made an initial attempt to rally, touching the 1.30 level before facing a pullback.

The AUD/USD demonstrated strength during Thursday's trading, surpassing the 0.68 level in early sessions.

The TRY/USD maintained its stability during early trading this morning.

The price of the euro against the US dollar, EUR/USD, interacted with yesterday's important event, which was the US Federal Reserve's announcement to raise interest rates by a quarter of a point, as was expected.

The value of the dollar fell through most of 2023 as low inflation allowed the Federal Reserve to ease into the rate-raising cycle, finally allowing it to keep interest rates unchanged in June.

For three trading sessions in a row, the price of the GBP/USD currency pair is moving in the midst of a rebound to the upside.

The US dollar was negatively affected by yesterday's announcement by the US Federal Reserve, which helped the gold price to rebound upward towards the $1982 resistance level.

BTC/USD is lingering slightly above the 29,000.00 level and behavioral sentiment is showing signs of being fragile in the short-term.

My previous BTC/USD signal last Tuesday was not triggered as none of the key support or resistance levels were reached that day.

The GBP/USD exchange rate rose in the overnight session as investors reacted to the latest interest rate decision by the Federal Reserve.

The EUR/USD exchange rate rose slightly after the Fed delivered a neutral interest rate decision on Wednesday.