Forex Daily Forecast, Analysis and Prediction

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.

The US dollar has been all over the place against the Swiss franc early on Tuesday as we touched the crucial 0.89 level and then pulled back.

The German DAX was slightly positive during the trading session on Tuesday.

GBP Dips, Rebounds at 50-Day EMA Amid Volatility.

The GBP initially fell during the trading session on Tuesday against the CHF, however, we have seen buyers come back into the market and show signs of stabilization.

You can see that the dollar has stretched higher against the Japanese yen overnight as the Bank of Japan raised interest rates to 0.1%.

The EUR/USD pair was flat ahead of the important Federal Reserve decision.

Bitcoin price has been highly volatile this week as some investors started to take profits after the recent spectacular bull run.

The US dollar has shot straight up in the air against the Loonie during trading session on Tuesday as the 1.3620 level is now being threatened.

Short trade from any new rejection of resistance looks likely to be the best opportunity today.

The AUD/USD pair continued its strong sell-off as signs of a divergence between the Federal Reserve and the Reserve Bank of Australia (RBA) emerged.