Forex Daily Forecast, Analysis and Prediction

GBPUSD: Pound weakens as new pro-Brexit administration imminent

EURUSD: Bearish consolidation between 1.1271 and 1.1317

Bitcoin markets rallied during the trading session on Thursday, breaking the top of the hammer from the Tuesday session.

The NASDAQ 100 will be very thin and reduced to short-term electronic trading during the Thursday session as it is the Independence Day holiday in the United States.

The Australian dollar has rallied significantly during the trading session on Wednesday, breaking to the upside rather straight forward, breaking above the top of the top of the candle stick from the Monday session that was so negative.

The WTI Crude Oil market had a relatively flat trading session during the day on Wednesday, initially trying to rally but then giving back the gains.

The US dollar initially pulled back a bit against the Japanese yen during the day on Wednesday but then turned around to show signs of life at the ¥107.50 level later in the day.

The S&P 500 has rallied significantly during the day on Wednesday, as we head into the July 4 holiday.

Natural gas markets will be very thin during the trading session on Thursday, as we are going to see people celebrating the Independence Day holiday in the United States.

The Gold markets gapped higher to kick off the day on Wednesday, before pulling back and then shooting straight up in the air again.

NZDUSD: 0.6650 area remains pivotal

AUDUSD: Bullish break above 0.7000 psychological level

USDJPY: 107.50 looking supportive

Bitcoin: Bulls buy at $9,620

Since the beginning of this week’s trading, the EUR / USD pair has been in a bearish correction as the US dollar gained enough support