Forex Daily Forecast, Analysis and Prediction

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

Outlooks for Brexit are still uncertain, and the sell-off in sterling pairs is increasing, the GBP/USD share was a return to the 1.2204 support

During Tuesday’s trading, the USD/JPY jumped to the 108.47 resistance, and didn’t have a lot of celebration with the gains, as it dropped back to the 107.62 support,

Weak inflation in the Eurozone has raised expectations that the ECB will have more stimulus plans alongside its recent announcement.

The gold price rebounded from its lowest level in nearly two months during Tuesday's trading session, rising to $1487 an ounce after testing the $1459 support.

Completing the downward correction, GBP/JPY fell to the 131.77 support before, settling around 132.31 at the time of writing.