Forex Daily Forecast, Analysis and Prediction

The S&P 500 had a slightly positive opening on Wednesday, but the market is currently waiting for the central bank announcements.

Silver initially fell during the trading session on Wednesday but found support in the form of the previous pennant marked on the chart.

Natural gas markets have been under pressure in recent trading sessions as we enter the warmest period of the year, leading to reduced demand for natural gas.

The GBP/USD experienced a bit of a rally during the trading session on Wednesday, as the market continued to trade in the same 200-point range.

The GBP/JPY has taken a bit of a hit in Wednesday's trading session, as it broke below the ¥170 level again.

In Wednesday's trading session, the gold markets initially pulled back but showed a significant amount of resiliency, with buyers continuing to flock to the asset.

The EUR/USD has had a strong rally in Wednesday's trading session, amidst a lot of noisy behavior in the market.

The WTI Crude Oil market took a big hit in Wednesday's trading session, as the market starts to price in just how bad the global recession could be.

The AUD/USD has had a bit of a rollercoaster ride in recent trading sessions, as traders eagerly await the Federal Reserve announcement.

The GBP/USD pair moved sideways after the Federal Reserve decided to hike interest rates on Wednesday.

The EUR/USD price jumped to the highest point in months after the latest interest rate decision by the Federal Reserve.

The Australian dollar reacted mildly to the interest rate decision by the Federal Reserve.

My previous USD/JPY signal on 8th March produced a losing long trade from the bullish rejection of the support level at ¥136.53.

We expected that the GBP/USD price gains would remain a target for selling recently.

The price of the EUR/USD currency pair was exposed to selling operations with losses that affected the support level 1.0942, and returned at the beginning of trading today, Wednesday.