Forex Daily Forecast, Analysis and Prediction

Gold markets have gone back and forth during the trading session on Wednesday.

Bitcoin has rallied significantly during the trading session on Wednesday, breaking towards the $9600 level and beyond.

AUD/USD: Long-term low near 0.6677?

USD/JPY: Strongly improving risk sentiment

After this currency pair spiked off of its ascending 38.2 Fibonacci Retracement Fan Support Level into its resistance zone, momentum failed to confirm the advance.

Selling pressure in the USD/MXN has eased after it reached its support zone.

BTC/USD: Weakly bullish above support at $9,117

GBP/USD: Unpredictable price action at the lows

EUR/USD: Range from 1.1000 to 1.1100

The British pound initially fell hard during the trading session on Tuesday, breaking down below a rather significant trendline before finding buyers again.

The Australian dollar has rallied quite significantly during the trading session on Tuesday, after the Reserve Bank of Australia decided to keep its rates on hold.

The Euro initially fell during trading on Tuesday but found enough buyers underneath the turn around and form a slightly supportive looking candle.

The NASDAQ 100 has exploded to the upside during the trading session on Tuesday, as we have made yet another all-time high.

The US dollar has rallied again during the trading session on Tuesday, breaking well above the 50 day EMA in what has been a major “risk on” type of situation

The S&P 500 has rallied significantly during the trading session on Tuesday, reaching towards the 3300 level.