Forex Daily Forecast, Analysis and Prediction

The euro broke higher on Wednesday as rumors broke out that perhaps the Russians and the Ukrainians could come to some type of peace agreement.

Keep in mind that the market does tend to be very choppy, so I would not be looking for huge moves at any one time.

Bitcoin pulled back just a bit on Wednesday but found plenty of buyers underneath the turn things around.

Gold markets gapped lower to kick off on Wednesday to continue going lower and reach the $1900 area.

The German DAX Index rallied rather significantly on Wednesday, as rumors of potential warming to a cease-fire process.

The West Texas Intermediate Crude Oil market went back and forth during a wild day on Wednesday as we continue to see volatility pick up.

The British pound has weakened over recent days.

The EUR/USD rose in the overnight session as the new round of talks between Russia and Ukraine continued in Turkey.

The strong BTC/USD rally appeared to fizzle out even after the latest developments by MicroStrategy.

The AUD/USD is loitering near its highest level since November last year after the strong Australian retail sales numbers and the budget.

The lira continues to trade unchanged since the middle of last week, after recording a series of declines after the Russian invasion of Ukraine.

The EUR/USD exchange rate's recovery from early March lows stalled last week, causing the single European currency to partially reverse some of its gains ahead of the weekend

Throughout the last week’s trading, the gold price is on an upward path, because of which it achieved the resistance level of 1966 dollars an ounce.

With more than 300 pips, the price of the USD/JPY currency pair moved upwards from 122.00 to the resistance level 125.10, the highest in six years.

GBP/USD's rebound from early March lows faltered around 1.33 and around a notable level of technical resistance on the charts last week