Forex Daily Forecast, Analysis and Prediction

The US dollar broke down significantly during the trading session against the Japanese yen during Wednesday as the S&P 500 got hammered.

The Australian dollar has initially fallen during the trading session on Wednesday, finding buyers at the lows again to turn around of form a bit of a hammer for the trading session.

The Euro initially fell during trading on Wednesday but then turned around to show signs of resiliency as we continue to see a bit of a bottom forming.

Natural gas markets continue to fall, as the Wednesday candle was negative as well.

The British pound looks likely to bounce after initially falling during the trading session again on Wednesday, before turning around to form a hammer.

The West Texas Crude Oil market has fallen yet again during the trading session on Wednesday, breaking the back of a hammer after getting a more bearish than anticipated inventories figures coming out of the United States.

Bitcoin markets have gone sideways for several days in a row, as we continue to dance around the 200 day EMA.

Bitcoin markets have gone sideways for several days in a row, as we continue to dance around the 200 day EMA.

The NASDAQ 100 broke down rather significantly during the trading session on Wednesday, slamming into the 7575 region.

GBP/USD: Is a price action reversal brewing?

EUR/CHF: Will the short-term resistance zone hold?

AUD/JPY Bearish Pressures Are Easing

During the trading on Wednesday, October 2, 2019, financial markets and investors in the forex market are on a date with the first US jobs data today

By checking the USD / JPY, we note that the bullish correction faces a difficult resistance at the 108.47 level,

The drop of Australian Interest Rates Down to a Record low, Supported the AUD / USD tumbling to a record low, as the pair retreated to the 0.6671 support level