Forex Daily Forecast, Analysis and Prediction

Gold markets went back and forth during the trading session on Wednesday, as we are testing a major downtrend line.

NZDUSD analysis: weakness in NZD sends pair to multi-month lows

AUD/USD analysis: strong weakness in AUD sends pair to multi-month lows

USD/JPY: Japanese Yen remains broadly strong on trade war fears

Bitcoin consolidates after reaching a 10-month high price.

On Wednesday, May 15, 2019, the markets will be interested in the announcement of the economic calendar data, which usually results in changes in price movements.

Trump's recent comments, which bear the prospect of reconciling with China after lifting tariffs by both on each other’s products, eased investors' fears and helped stop gold price gains to move towards $1293 an ounce after a stronger gain reached to $1303 per ounce.

Weakness of the ZEW Economic Sentiment Index for Germany and the EuroZone Contrary to expectations of improvement, increased the pressure on the Euro

With renewed US-Chinese trade tensions, and with both US dollar and Japanese Yen are considered safe-haven currencies, that helped the USD / JPY break back to the 109.02 support level, the lowest level for more than 3 months,

USDCAD still threatens bullish breakout above 1.3500

USDCHF supported at 1.0050 as risk appetite makes a small recovery

GBPUSD flirts with long-term lows as Brexit deadlock remains

EURUSD Analysis: Euro holds up above 1.1200 as a safety asset

The Euro tried to rally again during the trading session on Tuesday, but then broke down significantly to form a bit of a shooting star again.

Bitcoin rallied initially during the trading session on Tuesday, slamming through the $8000 level.