Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 Index rallied significantly on Wednesday to break above the resistance barrier that has been so difficult to deal with over the last several weeks.

XAU/USD had a rough session on Wednesday as we are now below the $1700 level.

The EUR/USD currency pair initially rallied Wednesday but gave back gains rather quickly as the area above the 1.02 level offered too much resistance.

Ethereum did very little Wednesday, but it is impressive that we could hang about this area for as long as we have.

BTC/USD has powered quite handily above the 50-Day EMA, and now it looks like we are going to see an attempt to break out even further.

The EUR/USD currency pair pulled back as the strong euro recovery took a breather ahead of the upcoming ECB interest rate decision.

The BTC/USD price continued rising as the bullish momentum continued.

The AUD/USD currency pair retreated slightly after the Australian government launched a review of the RBA.

The lira stabilized against the dollar during early European trading today, as it traded near its lowest levels ever against the dollar.

For two days in a row, gold prices are trying to rebound upwards, but the gold market did not find strong momentum.

Global market sentiment still generally dominates the British pound on the day the UK released some mixed labor market data.

Despite the recent gains, euro exchange rates face the possibility of a few very volatile days of trading.

In the midst of profit-taking after the recent record gains, the USD/JPY currency pair is moving downwards, rebounding from its 24-year high of 139.38 resistance.

Spot natural gas prices retreated in their recent trading at the intraday levels to record slight daily losses by -0.91%.

The Dow Jones Industrial Average jumped up during its recent trading at the intraday levels to achieve gains in its last sessions by 2.43%.