Forex Daily Forecast, Analysis and Prediction

This is a pair that you’re going to be watching tomorrow, due to the fact that both the Bank of England and the Swiss National Bank Interest rate decisions.

Resistance at $0.6633 will be a serious test for bulls.

Gold markets have gone back and forth early during the trading session on Wednesday as we wait for the Federal Reserve.

Bitcoin has pulled back a little bit to kick off the trading session on Wednesday but seems to be finding significant support just above the crucial $60,000 level.

The GBP/USD pair reacted mildly to Wednesday’s UK inflation data and Federal Reserve interest rate decision.

The EUR/USD pair popped sharply as traders embraced a risk-on sentiment after the Federal Reserve decision.

Bitcoin price remained under pressure on Thursday morning as the market reacted to the second Fed decision of the year.

The EUR/USD currency pair is likely to remain under downward pressure and trade in narrow ranges until the reaction of markets and investors to important events and economic data this week led by the US Federal Reserve announcement.

Ahead of important events and data, the GBP/USD currency pair is under selling pressure.

The USD/JPY currency pair moved after the Bank of Japan announced that it would raise Japanese interest rates and finally abandon negative interest rates.

Caution prevailed in the financial markets, and the US dollar continued to strengthen.

The USD/CAD touched a high of nearly 1.36135 yesterday in the wake of the interest rate hike from the Bank of Japan.

NZD/USD Near Nov. Lows, Awaits Fed's Policy Update.

The euro initially fell against the Swiss franc on Tuesday but has seen buyers near the 0.96 level to show signs of life.

The Dow Jones 30 initially fell during the trading session on Tuesday, only to show signs of strength.