Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 has broken significantly lower during the trading session on Tuesday to show signs of serious negativity, as the JOLTS number came out horribly, showing that there are over 10 million unfilled jobs in the United States.

The West Texas Intermediate Crude Oil market has rallied a bit during the trading session on Tuesday to show signs of life and break above the 50-Day EMA.

Gold markets have rallied significantly during the trading session on Tuesday but have also shown quite a bit of hesitation as the market has been very noisy.

The EUR/USD rallied a bit during the trading session on Tuesday to test the 50-Day EMA, as well as the previous downtrend line.

BTC/USD continues to look very limp overall, as almost nothing happened during the day on Tuesday.

The market initially went higher during the trading session on Wednesday in the AUD/USD pair, as the narrative about the Federal Reserve continues to dominate the market.

The GBP/USD price pulled back slightly ahead of the upcoming Fed and BoE decisions.

The EUR/USD price retreated to the lowest level since October 25 ahead of the upcoming interest rate decision by the Federal Reserve.

The BTC/USD price remained in a consolidation mode in the overnight session as last week’s momentum faded.

The AUD/USD pair remained in a consolidation phase after the latest interest rate decision by the RBA.

The AUD/USD price remained in a consolidation phase after the latest interest rate decision by the Reserve Bank of Australia (RBA)

The BTC/USD price pulled back as the recent rebound waned.

The EUR/USD pair continued falling as investors predicted that the Fed will be more hawkish for longer

The GBP/USD price declined slightly as investors waited for the latest Fed and Bank of England (BOE) rate decisions.

As of this writing the NZD/USD is near the 0.58650 vicinity with its typical quick price action. The NZD/USD has crept upwards today after touching short term