Forex Daily Forecast, Analysis and Prediction

The USD/CHF continues to demonstrate a rather steady and progressive bearish trend as the Swiss France tests important support levels.

The DAX Index was rocked with a gap lower this morning as concerns are spreading throughout Europe regarding a new wave of coronavirus

The Bitcoin markets have drifted a little bit lower during the trading session on Wednesday, as we have pulled back from the shooting star from the previous session.

The S&P 500 has gone back and forth during the trading session on Wednesday as we continue to dicker around with the idea of whether we are going to get stimulus or not in the United States.

AUD/USD: 0.7000 in sight

The Australian dollar initially tried to rally during the trading session on Wednesday but has turned around to show signs of exhaustion again.

USD/JPY: Approaching the lower edge of the long-term price range

BTC/USD: Medium-term bullish trend still valid

The NASDAQ 100 went back and forth during the trading session on Wednesday, as we continue to dance just above the 12,000 level.

GBP/USD: Final brinkmanship on U.K. / E.U. trade deal

Silver markets have gone back and forth during the trading session on Wednesday, as we continue to dance around the $24 level underneath, and the $50 level above.

The British pound was all over the place during the trading session on Wednesday as traders continue to focus on Brexit as per usual.

Gold markets have rallied a bit during the trading session on Wednesday as the $1900 level has been important yet again.

EUR/USD: Support at 1.1726 looks very pivotal

The West Texas Intermediate Crude Oil market has done very little during the trading session on Wednesday as we continue to wait to see whether or not there is going to be a stimulus in the United States.