Forex Daily Forecast, Analysis and Prediction

AUD/USD: Hard to predict next major directional move

USD/JPY: Pair finally becoming interesting

The Euro rallied significantly during the trading session on Wednesday but continues to struggle near the 1.1850 level.

The NASDAQ 100 has gone back and forth during the trading session on Wednesday, as we continue to see whether or not we get some type of stimulus out of the United States.

The bitcoin market broke down during the trading session on Wednesday, slicing through the $12,000 level like it was not even there.

The British pound rallied significantly during the trading session on Wednesday, breaking above the 1.31 handle.

The S&P 500 went back and forth during the trading session on Wednesday, as we continue to wait to see what is going to happen when it comes to stimulus, so having said that it is likely that we will continue to see indecision.

BTC/USD: New 3-month high prices

Gold markets have rallied again during the trading session on Wednesday as we continue to see bickering and hints about what may or may not happen with stimulus in the United States.

The Australian dollar has rallied significantly during the trading session on Wednesday, breaking above the 0.71 handle.

GBP/USD: Wide range up day

EUR/USD: Euro relatively strong against the U.S. dollar

The West Texas Intermediate Crude Oil market initially tried to rally during the trading session on Wednesday but found resistance above the 200 day EMA as we awaited the inventory figures.

Silver markets have rallied again during the trading session on Wednesday, reaching towards the $25.50 level one point during the day.

The US dollar got hammered during the trading session on Wednesday, slicing through the ¥105 level like it was not even there.