Forex Daily Forecast, Analysis and Prediction

The German index has done very little during trading on Wednesday as we continue to build up inertia.

The GBP/USD reacted mildly to the latest interest rate decision by the Federal Reserve.

The BTC/USD pair rose after the Fed raised its interest rates. The pair rose to a high of 40,000, which was the highest level since April 29th.

The AUD/USD pair held steady in the overnight session as investors focused on the interest rate decision by the Fed and the Reserve Bank of Australia.

The Euro Stoxx 50 has initially gapped higher to kick off the trading session on Wednesday but then spent a better part of the day falling.

The EUR/USD exchange rate entered this important new week's trading near five-year lows after the terrible month of April.

All global financial markets, without exception, are awaiting the most important event of this week, which is the announcement of the US Federal Reserve.

So far, the attempts of the GBP/USD currency pair have not succeeded in recovering from its recent sharp losses, which brought it to the support level 1.2411.

With the bullish stability of the price of the US dollar against the Japanese yen, the USD/JPY is stable around the 130.20 resistance level.

The Turkish Lira rose slightly as investors await the US interest rate decision during today's trading.

The Dow Jones index has been trading at fluctuating levels for several weeks but continues its daily decline since late last April.

Natural gas continues to rise and break the price resistance levels day after day, as the price of spot natural gas (CFDS ON NATURAL GAS) rose today during yesterday’s trading session.

AVAX/USD has moved slightly higher in the last day of trading, but Avalanche remains near dangerous lows in a market that shows growing nervousness.

ADA/USD is lingering near unsettling support levels, and speculators who have been trying to seek a reversal higher may be growing uneasy.

The pair remains vulnerable to a breakdown below $1.0500.