Forex Daily Forecast, Analysis and Prediction

The bleeding of losses in the EUR/USD continues, and it collapsed at the beginning of Thursday's trading to the 1.1641 support, its lowest level in more than two months.

Pound's losses continue and may extend for a longer period, as instead of an improvement, the pressure increases.

For four trading sessions in a row, the price of the USD/JPY continues to correct upwards

The strength of the US dollar contributed to the collapse of the gold price to $1849 at the beginning of the today’s trading session, to its lowest level in two months

AUD/USD: Hitting cluster of support above big round number at 0.7000

USD/JPY: Very strong U.S. Dollar

BTC/USD: Bears beware buying from $10k area

GBP/USD: Pound gains against Euro

The Brazilian Real has turned sour this week and the USD/BRL is testing critical resistance levels which speculators should watch carefully.

EUR/USD: Strong support likely at 1.14 / 1.15

The Mexican Peso had been enjoying a strong bearish trend until the 17th of September.

The US dollar has broken higher during the trading session on Wednesday, slicing through the ¥105 level.

The NASDAQ 100 has broken down significantly during the trading session on Wednesday, as we continue to see a lot of negativity out there.

The Australian dollar has gotten hammered again during the trading session on Wednesdays slicing through the 0.71 handle.

The S&P 500 has initially tried to rally during the trading session on Wednesday but gave back the gains as we reached towards the 50 day EMA.