Forex Daily Forecast, Analysis and Prediction

The Euro continues to take a bit of a beating as we have seen it drop through the 1.01 level during trading on Thursday.

The West Texas Intermediate Crude Oil market has bounced a bid from a major support level during the trading session on Thursday.

The US dollar has rallied during early trading on Wednesday to reach the 50 Day EMA against its Japanese counterparts.

The S&P 500 Index has pulled back during the trading session on Wednesday as we continue to see a lot of noise right around the 4300 level.

The Bitcoin market had initially tried to recover during the trading session on Wednesday.

The Canadian dollar has rallied a bit during the trading session on Wednesday to show signs of life again, as we are now threatening the ¥105 level.

The Crude Oil market has been very negative for a while, and it makes sense that we would see an attempt to turn things background.

The Ethereum markets initially tried to recover during trading on Wednesday but have sold off yet again.

The Parisian index had a picture-perfect pullback from the 200 Day EMA during the session on Wednesday, making for a classic technical analysis pullback.

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

The GBP/USD currency pair continues to see a lot of noise right around the 1.20 level, an area that has been important multiple times.

The AUD/USD pair has fallen rather hard during the early hours on Wednesday, as the RBNZ decided to raise interest rates by another 50 basis points.

The rise of the US dollar will continue and ensure that the euro remains under pressure, according to new research from Swedbank.

The Euro bounced ever so slightly during the trading session on Wednesday as the FOMC Meeting Minutes came out.

The recent British economic data, especially with regard to inflation, raised expectations to force the Bank of England to raise interest rates, but the British Pound did not benefit from that.