Forex Daily Forecast, Analysis and Prediction

USDCHF Analysis: Narrowing triangle formation

GBPUSD: Strong resistance above 1.2932

EURUSD: Bullish consolidation above 1.1056

Bitcoin continues to look very anemic, as we initially tried to rally during the trading session on Wednesday but gave back the gains

Gold markets went back and forth during trading on Wednesday as we continue to see a lot of confusion in the markets.

The US dollar returned to rise again, and therefore, stopped EUR/USD gains which is stable around the 1.1072 level at the time of writing

British Prime Minister Boris Johnson and opposition leader Jeremy Corbyn attacked each other's policies on Brexit, health care and the economy in a televised debate

Investor risk aversion has increased with the expected length of time for the signing of a trade agreement between the United States and China

Investors returned to safe havens as the future of the upcoming US-China trade deal became increasingly uncertain

NZDUSD: Minor bullish breakout in danger

AUDUSD: Bulls seeking triangle breakout

Bitcoin: Double bearish price channels push price down

USDJPY: Wide bearish price channel

Bitcoin keeps marching to the downside and briefly dipped below the $8,000 level.

USDCAD: More bullish