Forex Daily Forecast, Analysis and Prediction

Natural gas markets initially started out the day rather bullish on Wednesday but have pulled back a bit as we are getting a bit extended.

The Australian dollar continues to see a lot of noise in general, which makes quite a bit of sense considering just how noisy the situation has been in the Forex markets as of late.

The US dollar continues to find plenty of buyers overall, and recently has tested the crucial ¥109.50 level more than once

Gold markets rallied a bit during the trading session on Wednesday, as we continue to see mass chaos in the financial markets.

The crude oil markets initially tried to rally during the trading session on Wednesday, as we are generally grinding higher.

USDJPY: Trade deal boost for bulls?

After Bitcoin struggled to maintain its uptrend, Litecoin kept pushing higher which took this cryptocurrency into its resistance zone from where bearish forces prevailed and halted the advance.

With five week’s left until the UK election, which will take place on December 12th 2019, the British Pound is under selling pressure

After an extended period of risk-on across financial markets, traders started to take a closer look at red flags which remain across economies.

Financial markets started to stutter as delays in the US-China phase one trade truce have increased fears that severe issues remain, even on the parts which analysts claimed were the easiest to accomplish

Bitcoin: Bullish consolidation above $8,893 continuing

USDCAD: Bearish flag pattern weakly broken

USDCHF Analysis: Bulls pushing toward strong resistance at 0.9945

GBPUSD: Weakly bearish below 1.2858

EURUSD: Pivotal resistance at 1.1063