Forex Daily Forecast, Analysis and Prediction

Volatility in the EUR/CHF increased as price action initially pushed above its short-term resistance zone and advanced into its ascending 61.8 Fibonacci Retracement Fan Resistance Level.

USDCAD: Bullish consolidation between 1.3289 and 1.3345

USDCHF Analysis: Area at 0.9900 is likely to be today’s pivotal point

GBPUSD: Bearish below 1.2200

EURUSD: Weakly bullish above 1.0965

Conflicting reports were released over the past few hours in regards to the US-China trade talks.

Natural gas markets initially tried to rally during the trading session on Wednesday, but then fell into the support level underneath

The NASDAQ 100 has rallied a bit during the trading session on Wednesday as we await the US/China trade talks.

The S&P 500 has rallied a bit during the trading session on Wednesday, as we continue to see a lot of jockeying back and forth.

Safe haven currencies tend to outperform peers during risk-off trading sessions and as uncertainty surrounding fundamental events is elevated.

A slowing Eurozone versus Brexit uncertainty is the fundamental driver behind the EUR/GBP.

With prospects of a trade deal this week eradicated as a result of US actions against China

Mid-level trade talks between the US and China are on their way in Washington today which will be followed by high-level negotiations tomorrow.

The Euro initially tried to rally during the trading session on Tuesday but found trouble again at the 1.10 level

The British pound has fallen rather hard during the trading session on Tuesday after reports surfaced that Angela Merkel...