Forex Daily Forecast, Analysis and Prediction

AUD/USD: Hitting cluster of support above big round number at 0.7000

USD/JPY: Very strong U.S. Dollar

BTC/USD: Bears beware buying from $10k area

GBP/USD: Pound gains against Euro

The Brazilian Real has turned sour this week and the USD/BRL is testing critical resistance levels which speculators should watch carefully.

EUR/USD: Strong support likely at 1.14 / 1.15

The Mexican Peso had been enjoying a strong bearish trend until the 17th of September.

The US dollar has broken higher during the trading session on Wednesday, slicing through the ¥105 level.

The NASDAQ 100 has broken down significantly during the trading session on Wednesday, as we continue to see a lot of negativity out there.

The Australian dollar has gotten hammered again during the trading session on Wednesdays slicing through the 0.71 handle.

The S&P 500 has initially tried to rally during the trading session on Wednesday but gave back the gains as we reached towards the 50 day EMA.

The Bitcoin market has fallen a bit during the trading session as we continue to see a lot of negativity.

The DAX Index will face strong headwinds today as it battles negative sentiment which appears to be growing on global and US equity markets.

The British pound has gone back and forth during the trading session on Wednesday, as we continue to dance around the 200 day EMA.

The Euro has initially tried to rally during the trading session on Wednesday, but then broke down from the 50 day EMA to show signs of massive negativity.