Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 has gone back and forth during the trading session on Wednesday, showing signs of lackluster trading.

The crucial day for financial markets is the date for signing the initial trade agreement between the United States of America and China.

Within a series of important British economic releases for this week, and after the announcement of the GDP growth rate.

A corrective performance of the yellow metal recently pushed prices to the $1536 level of, and before the important event today, prices rebounded to the $1554 level an ounce at the time of writing the analysis.

For five trading sessions in a row, as shown on the daily chart of the USD/JPY pair, an upward corrective performance pair was crowned by stability above the 110.00 psychological resistance, with gains reaching the 110.21 resistance, its highest in seven months.

West Texas Intermediate Crude Oil has had a slightly positive session on Tuesday as we continue to hang around the 200 day EMA.

Natural gas markets initially tried to rally during the trading session on Tuesday, breaking above the $2.20 level.

The NASDAQ 100 has initially tried to rally during the trading session on Tuesday but then gave back the gains in order to form a negative candlestick.

Bitcoin has had a very good session on Tuesday, breaking above the downtrend line that has been so prominent in this market.

The S&P 500 initially tried to rally during the trading session on Tuesday but continues to struggle with the idea of the 3300 level.

AUDUSD: Pivotal point holds at 0.6885

USDJPY: Bullish breakout above 110.00 in doubt

BTC/USD: Bullish Move Weaker but Continuing

US Dollar weakness is expected to accelerate in 2020, and the Canadian Dollar was one of the best performers against the world’s top reserve currency.

The US dollar rallied a bit during the trading session on Tuesday but gave back most of the gains in order to pullback and form a bit of a shooting star.