Forex Daily Forecast, Analysis and Prediction

The EUR/USD pair is struggling for direction as investors focus on the latest interest rate decision by the European Central Bank (ECB).

The BTC/USD price pulled back slightly from its highest point last week as investors reflected on news that Tesla had sold some of its coins in the second quarter.

The AUD/USD price formed a shooting star pattern as the market braces for important events from the United States and Australia.

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The US dollar initially rallied during the training session on Thursday as we tried to rally a bit.

The West Texas Intermediate Crude Oil market plunged significantly during the trading session on Thursday to reach down to the 200 Day EMA.

The US dollar has been the main currency known for a while, but the Aussie dollar has turned around to show signs of life.

The NASDAQ 100 has been very bullish during the trading session on Thursday after initially dipping lower.

The S&P 500 initially pulled back just a bit on Thursday, perhaps turning around due to more “hopium” out there on Wall Street.

Ethereum continues to hang around the $1500 level, an area that we have been dipping around for the last three days in a row.

The Bitcoin market was relatively quiet during the trading session on Thursday, losing over 1%.

The British pound has gone back and forth during the trading session on Thursday as we continue to see the 1.20 level offer quite a bit of resistance.

The Euro initially shot higher during the trading session on Thursday in reaction to the ECB raising interest rates by 50 basis points.

Gold markets have turned around quite drastically during the trading session on Thursday after initially hitting the crucial $1680 level.