Forex Daily Forecast, Analysis and Prediction

The WTI Crude Oil market was absolutely hammered during trading on Wednesday, as global markets sold off to anything remotely close to being risk appetite induced.

The S&P 500 got absolutely hammered during the trading session on Wednesday, breaking through a major uptrend line, and smashing through the bottom of several hammers.

Bitcoin markets continue to show signs of inactivity as we simply can’t go anywhere.

The US dollar has initially tried to rally during the trading session on Wednesday but sold off rather brutally as the markets freaked out.

Get the NZD/USD Forex signal for October 10, 2018 here.

Get the AUD/USD Forex signal for October 10, 2018 here.

Get the USD/JPY Forex signal for October 10, 2018 here.

Get the BTC/USD Forex signal for October 10, 2018 here.

The Euro initially fell during the trading session on Tuesday but turned around of form a massive hammer as the 50% Fibonacci retracement level has in fact attracted to traders yet again.

Bitcoin markets fell slightly during the trading session on Tuesday as we continue to respect that the downtrend line just above, and of course respect the support underneath.

The WTI Crude Oil market rallied significantly during trading on Tuesday, breaking above the top of the hammer from the Monday session.

The US dollar tried to rally during the trading session on Tuesday, but turned around of form a inverted hammer.

The S&P 500 fell initially during the day on Wednesday, but just as we have seen several days in a row, the buyers come in and pick up the market from the bottom of the range.

Get the Forex signal for USD/CHF for October 10, 2018 here.

Get the GBP/USD Forex signal for October 10, 2018 here.