Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 has fallen a bit during the trading session on Wednesday, after forming a massive and obvious shooting star on Tuesday.

The GBP/JPY experienced a significant decline against the Japanese yen during Wednesday's trading session, driven by uncertainties surrounding the Bank of Japan's monetary policy.

The GBP/USD experienced a slight pullback during Wednesday's trading session, encountering resistance at the 50-Day EMA.

The AUD/USD began the Wednesday session with a rally, but soon experienced a downturn, falling below the crucial 0.65 level.

My previous GBP/USD signal on 17th May was not triggered as the low of the day was unfortunately just a couple of pips above the support level identified at $1.2419.

The EUR/USD forex pair downward trend continued after a series of encouraging European consumer inflation data.

The BTC/USD pair erased some of the gains made earlier this week as concerns about the Federal Reserve tightening continued.

The Aussie tilted upwards slightly as odds of another rate hike in Australia rose.

Stock markets have been very bullish as of late, especially technology stocks.

The NASDAQ 100 has been on an absolute tear to the outside recently, and it looks as if the market is going to continue to find plenty of reasons to be bullish

Gold markets have drifted a bit lower during the bulk of May, but it looks as if we are testing an area of potential support.

EUR/USD: Interest Rate Hike Realizations Create Lower Move

USD/INR: Apex Highs Challenged as Nervous Sentiment Rules

USD/ZAR: Strong Higher Range feels like a Permanent Change

Get today's recommendation on the lira against the dollar.