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img-2 Cardano’s Rebound Faces Resistance Near the $0.20 Level The past week marks a turn. After a month in which Cardano climbed about 14%, the move has reversed, with price down more than 6% over the past seven days.
The highs achieved yesterday in the USD/BRL produced a reversal lower in the later hours signaling that financial institutions clearly thought the currency pair had been overbought leading up to the Fed drama.
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AUD/USD: Is the Post-Fed Decline Starting to Fade?

The pair’s latest move lower came on Wednesday after the Fed increased its benchmark interest rate to the 3.75% to 4.00% range and flagged increasing borrowing costs in the months ahead as the central bank attempts to combat persistent inflationary pressures...
img-4 EUR/USD Tests Support as Dollar Strength Persists The immediate change came from the Federal Reserve’s latest communication. Although the interest-rate increase itself had been widely anticipated, the accompanying tone was more hawkish than many participants expected.
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GBP/USD Consolidates Above 1.3369 After Fed-Led Decline

GBP/USD After the Fed: Is the Bearish Move Over?
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At DailyForex, we’re out to prove that free Forex signals can be just as trustworthy as expensive signal subscriptions. Our reliable Forex signals will provide you with expert advice about when to buy and sell the major currency pairs without costing you a penny.

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Adam Lemon

Adam joined Daily Forex as Chief Analyst in 2013, with over a decade of experience in the global financial markets, including six years as an Assistant Vice President at Merrill Lynch

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