Forex Daily Forecast, Analysis and Prediction

The S&P 500 initially fell during the early hours of Wednesday, but as soon as everybody left in Europe, the Americans picked up the ball and started to rally again.

The NASDAQ 100 initially sold off rather hard during the day on Wednesday, reaching down to the 11,550 level.

The ETH/USD market drifted a little bit lower during the trading session on Wednesday, as we said just above the 200-Day EMA, after pulling back from the crucial $1700 level.

The Dow Jones Industrial Average has fallen initially during the trading session on Wednesday as traders started to focus on multiple negative issues.

The BTC/USD has done very little during the trading session on Wednesday, as we continue to see more sideways action.

Bitcoin’s strong bullish move is looking likely to slow down dramatically as it runs into several resistance levels.

The GBP/USD price pared back most of the losses it made on Wednesday even as bets that the Bank of England (BoE) will slash rates later this year rose.

The EUR/USD price has formed a rising wedge pattern ahead of the upcoming American economic data.

The Australian dollar recoiled against the US dollar after the relatively strong consumer inflation data and weak new home sales numbers.

Bitcoin has gone back and forth during the course of the trading session on Tuesday as we try to figure out where we are going next.

The Dow Jones Industrial Average rose in its recent trading on the intraday levels, to achieve gains for the third session in a row, by 0.31%.

During yesterday's trading, the price of the GBP/USD currency pair was exposed to profit-taking sales.

EUR/USD is still strong with signs of tightening on the part of European Central Bank officials led by Lagarde.

The USD/JPY exchange rate may take signals mostly from high-level US data scheduled for release later in the week.

Spot natural gas prices (CFDS ON NATURAL GAS) fell during their early trading on Wednesday, to deepen their losses yesterday.