Forex Daily Forecast, Analysis and Prediction

Bitcoin joined American stocks in a major slump as investors continued to worry about the hawkish Federal Reserve.

The AUD/USD pair retreat continued on Thursday morning as analysts increased their bets that the Reserve Bank of Australia (RBA) will take off in June.

Natural gas futures rose about 6% on Tuesday, with coal prices surging as Europe considers a Russian energy ban.

The Turkish lira fell during early trading on Wednesday, as investors followed the credit rating agency Fitch's report on Turkish banks during the last quarter of last year.

For four trading sessions in a row, the price of the EUR/USD currency pair moved amid a bearish momentum that reached the support level at 1.0900.

Despite the strength of the US dollar, gold markets stabilized after three weeks of decline, posting a rise of 0.36% despite the upcoming interest rate hike in the market.

Since the start of this week's trading, the price of the USD/JPY currency pair has been moving in the same path as the closing of last week's trading.

Attempts to withstand against the strength of the US dollar collapsed recently.

The Dow Jones Industrial Average returned to decline during its recent trading at the intraday levels, to record losses in its last sessions, by -0.80%.

A key pivotal point is likely at $1.3000.

Ethereum went back and forth on Tuesday as we continue to struggle with the idea of the $3500 level.

Stellar drifted a little bit lower on Tuesday as momentum and volatility have evaporated over the last week or so.

The euro fell again on Tuesday as we have broken through the 1.0950 level.

The British pound initially tried to rally on Tuesday but gave back gains to show signs of weakness.

Bitcoin went back and forth on Tuesday as we continue to churn just below the $46,000 level.