Forex Daily Forecast, Analysis and Prediction

Record high price in view.

Weakly bullish outlook.

Strong resistance around 1.1900 / 1.2000.

Gold markets continue to grind sideways overall during the trading session on Tuesday, only to see a slight dip lower at the end of the day.

The silver market has fallen after initially trying to gap higher at the open on Wednesday.

The West Texas Intermediate Crude Oil market pulled back a bit during the trading session on Tuesday, reaching down towards the 200-day EMA before bouncing significantly.

The S&P 500 pulled back during the trading session on Tuesday as we reached towards the all-time highs yet again.

The NASDAQ 100 initially tried to rally during the trading session on Tuesday but continues to find resistance just above.

The Australian dollar tried to rally again during the trading session on Tuesday, but the 0.7350 level is an area that has caused resistance previously, so it's not surprising that we would struggle there.

Forget what you have heard about Brexit: it appears the British pound has completely looked through it.

The euro initially tried to rally during the trading session on Tuesday, but gave back the gains near the 1.19 level yet again.

Bitcoin markets are now officially parabolic, and it is an extraordinarily difficult market to get involved in.

The US dollar was broken down significantly during the course of the session on Tuesday, reaching down towards the ¥104 level.

Aussie remains strong after RBA minutes.

Similar to last week's trading, the EUR/USD pair moved in the same upward correction range at the beginning of this week’s trading, as it remained stable around the 1.1868 resistance at the time of writing.