Forex Daily Forecast, Analysis and Prediction

USDCHF Analysis: Trendless ranging price action

GBPUSD: Volatile on Brexit deal summit

EURUSD: More bullish

The natural order of things is that we continue to test resistance, and the NASDAQ 100 level has shown this scenario again.

Over the last several days, we have seen the British pound skyrocketed value, based upon various Twitter headlines.

The S&P 500 has fallen just a bit during the trading session on Wednesday, reaching towards the 3000 handle.

The Euro has rallied significantly during the trading session on Wednesday, breaking above the 50 day EMA late in trading.

The US dollar initially fell during the trading session on Wednesday but found enough support at the 200 day EMA to turn around and show signs of life again.

The Australian dollar initially fell during the trading session on Wednesday, breaking below the 0.6750 level.

Gold markets have rallied slightly during the trading session on Wednesday, as we are testing the 50 day EMA.

The WTI Crude Oil market rallied slightly during the trading session on Wednesday as we continue to see significant amounts of support underneath,

Bitcoin has finally broken through the uptrend line and rolled over through the 200 day EMA.

The natural gas markets have rallied significantly during the trading session on Wednesday to reach the $2.40 level again, only to turn around and form a bit of a shooting star.

Today is the start of the much anticipated two-day EU Summit where Brexit will remain the dominant topic.

Following the release of the Australian employment report, which came in roughly in line with expectations, the Australian Dollar drifted to the downside.