Forex Daily Forecast, Analysis and Prediction

AUD/USD: More bearish below 0.6850

Bitcoin has initially rallied during the trading session on Monday, breaking above the $9000 level but has turned right back around to form a bit of a shooting star.

The British pound initially fell during the trading session on Monday, breaking well below the 1.30 level.

The West Texas Intermediate Crude Oil market initially rallied during the trading session on Monday but gave back the gains closer to the $60 level.

Natural gas markets gapped lower to kick off the trading week, but it should also be noted that the Americans were away for Martin Luther King Jr. holiday,

The Australian dollar has gone back and forth during the trading session on Monday, forming a bit of a neutral candlestick.

The gold market rallied slightly during the trading session on Monday afternoon initially gapping lower.

USD/JPY: Bank of Japan’s policy release had little impact

BTC/USD: Long-term buyers boost price in 2020

Reports that US President Trump and French President Macron called a truce in pending tariffs and taxes at the World Economic Forum in Davos, Switzerland,

UK Prime Minister Boris Johnson experienced his first defeat in Parliament.

Despite a global economic downgrade for 2020 by the IMF, the Swiss Franc failed to advance on the back of safe-haven demand.

Australia is suffering from a series of economic issues, with the bush fire crisis adding to an uncertain economic outlook

GBP/USD: Bearish trend line is suppressing the price

EURUSD: Weakly bearish below 1.1110