Forex Daily Forecast, Analysis and Prediction

Although the US dollar benefited from the announcement of the Federal Reserve minutes of the last meeting, which saw that financial markets exaggerated their expectations

Amid strong bearish momentum for GBP / USD below the 1.2200 support, today the pair is awaiting important data and events that could strongly affect its performance.

Global financial markets and investors eye cautiously the outcome of the high-level trade talks round between the world's two largest economies to find a chance to halt their trade war

NZDUSD: Weakly bullish above 0.6277

AUDUSD: Bullish base below 0.6750?

USDJPY: Key resistance at 107.63

Bitcoin: Short-term bullish above $8,533

The Euro rallied a bit during the trading session on Wednesday but continues to see a lot of resistance above at the 1.10 level.

The Australian dollar has initially tried to rally during the trading session on Wednesday but found resistance again at the 0.6750 level in rolled over to form a shooting star.

The British pound has rallied a bit initially during the trading session on Wednesday but has rolled over again

The US dollar rallied significantly during the trading session on Wednesday, after initially pulling back below the ¥107 level.

Gold markets gapped higher to kick off the trading session on Wednesday, and then spent the day back and forth in what would have been most accurately described as choppy trading.

Bitcoin markets rallied during the trading session on Wednesday, launching from the 200 day EMA and even managed to break above the $8500 level.

The West Texas Intermediate Crude Oil market initially shot higher during the trading session, then pulled back.

Gold is turning its short-term resistance zone back into support following a reversal from a previous breakdown.