Forex Daily Forecast, Analysis and Prediction

The British pound has rallied quite significantly during the trading session on Wednesday as the situation in London becomes even more erratic and unpredictable.

The US dollar has fallen rather hard against the South African Rand during trading on Wednesday, breaking through the 15 Rand level.

The NASDAQ 100 rallied during the trading session on Wednesday to fill the gap that was formed at the open on Tuesday.

Gold markets initially fell during trading on Wednesday but found enough support underneath to suddenly surge to a short-term fresh high.

Silver: Bullish breakout beyond $18.67

NZDUSD: Bullish break above bearish price channel at last

AUDUSD: Strong bullish movement

USDJPY: Consolidation between 105.86 and 106.73 still ongoing

Bitcoin: Bulls are still winning

The NASDAQ 100 gapped lower to kick off the trading day on Tuesday, but then rallied significantly to fill that gap.

The British pound has rallied quite nicely during the trading session after initially dipping below the crucial 1.20 GBP level.

The Euro initially fell during the trading session on Tuesday, reaching towards the 1.0925 level before turning around and rallying.

The S&P 500 gapped lower to kick off the trading session on Tuesday but then turned around to fill the gap rather quickly, only before we turn around and broke down.

The US dollar has gone back and forth during the trading session on Tuesday as we continue to try to find some type of clarity when it comes to growth and the US/China trade situation.

USDCAD: Back within long-term range area