Forex Daily Forecast, Analysis and Prediction

As of this writing the USD/PKR is near the 278.3250 mark which is slightly above its middle ground technically taking into consideration the past handful of days.

The Swiss franc initially pulled back just a bit during the trading session on Wednesday, but then turned around to show signs of life.

The US dollar initially fell a bit during the trading session only to turn around and show signs of life.

The euro initially tried to rally a bit during the trading session on Wednesday, but then fell a bit as we continue to see a lot of noisy behavior around the world.

The British pound has gone back and forth during the trading session on Wednesday.

The US dollar has rallied rather significantly during the early hours on Wednesday against the Canadian dollar.

The British Pound has pulled back a bit from a crucial resistance barrier in the form of 1.28.

The US dollar pulled back just a bit during the course of the trading session on Wednesday, as the 88 level was tested.

The US dollar rallied significantly during the course of the trading session on Wednesday.

The US dollar initially pulled back just a bit during the trading session on Wednesday, but it looks like we continue to find plenty of value hunting.

The GBP/USD exchange rate retreated sharply in the overnight session as US bond yields jumped after a weak auction.

The EUR/USD pair continued its recent pullback even after some worrying European inflation numbers.

Potential speculative long trade from $67,699.

The AUD/USD pair retreated sharply even after the odds of a Reserve Bank of Australia (RBA) rate hike increased.

The Euro has bounced slightly against the British pound during the trading session on Wednesday, as we continue to pay close attention to the 0.85 level.