Forex Daily Forecast, Analysis and Prediction

AUD/USD: Long-term low near 0.6677?

The strength of the US dollar pushed the price of the EUR/USD pair to break a strong support, which is the level of 1.1000, down to 1.0993 near its lowest level in more than two months.

USD/JPY: Long-term resistance above 110.00

BTC/USD: Room to rise to $10k+

GBP/USD: Unpredictable price action at the lows

The US dollar has rallied again during trading on Wednesday, as it looks like we are trying to take out the ¥110 level.

EUR/USD: Strong USD threatens long-term breakdown

Australian economic data showed an unexpected increase in imports, which resulted in a smaller than forecasted trade surplus for December.

The S&P 500 has rallied significantly during the trading session on Thursday again.

The NASDAQ 100 rallied initially during the trading session on Wednesday but found the area just below the 9500 level to be far too expensive to continue going higher.

The Euro has tanked during trading on Wednesday, reaching down to the crucial 1.10 level.

The British pound has had a rough trading session during the day on Wednesday as more games are being played with Twitter.

The Australian dollar has rallied during most of the trading session on Wednesday but found enough resistance near the 0.6775 level to rollover again to form a less than impressive candlestick.

The West Texas Intermediate Crude Oil market has rallied significantly during the trading session on Wednesday, as the market breached the $50 level.

The natural gas markets fell during most of the trading session on Wednesday, reaching towards the $1.80 level yet again.