Forex Daily Forecast, Analysis and Prediction

The Australian dollar has rallied during most of the trading session on Wednesday but found enough resistance near the 0.6775 level to rollover again to form a less than impressive candlestick.

The West Texas Intermediate Crude Oil market has rallied significantly during the trading session on Wednesday, as the market breached the $50 level.

The natural gas markets fell during most of the trading session on Wednesday, reaching towards the $1.80 level yet again.

Gold markets have gone back and forth during the trading session on Wednesday.

Bitcoin has rallied significantly during the trading session on Wednesday, breaking towards the $9600 level and beyond.

AUD/USD: Long-term low near 0.6677?

USD/JPY: Strongly improving risk sentiment

After this currency pair spiked off of its ascending 38.2 Fibonacci Retracement Fan Support Level into its resistance zone, momentum failed to confirm the advance.

Selling pressure in the USD/MXN has eased after it reached its support zone.

BTC/USD: Weakly bullish above support at $9,117

GBP/USD: Unpredictable price action at the lows

EUR/USD: Range from 1.1000 to 1.1100

The British pound initially fell hard during the trading session on Tuesday, breaking down below a rather significant trendline before finding buyers again.

The Australian dollar has rallied quite significantly during the trading session on Tuesday, after the Reserve Bank of Australia decided to keep its rates on hold.

The Euro initially fell during trading on Tuesday but found enough buyers underneath the turn around and form a slightly supportive looking candle.