Forex Daily Forecast, Analysis and Prediction

Poor performance of the USD/JPY with investors preparing for Christmas and New Year holidays.

The West Texas Intermediate Crude Oil market rallied slightly during the trading session on Monday in very thin trading.

Natural Gas gapped lower to kick off the trading week on Monday, as we again have seen a lot of bearish pressure into this marketplace.

The British pound has pulled back significantly during the trading session on Monday again, as we continue to see the British pound lose its value overall.

Gold markets rallied a bit during the trading session on Monday, and what would have been relatively light trading volume.

A new Litecoin scam is spreading during the holiday season. It follows the same principle as previous ones, asking people to send Litecoins to a given address

2020 is shaping up to be the year Brexit will be delivered. Prime Minister Johnson’s landslide electoral victory, the biggest in UK politics since 1987,

Bullish momentum is fading after the NZD/CHF advanced into its resistance zone.

Thin trading volume due to the holiday-shortened trading week helped the AUD/USD ascend into its resistance zone.

Bitcoin: Pivotal point at $7,221

GBPUSD: Still Bearish on Brexit focus

EURUSD: Move down from 1.1091 most likely

AUDUSD: Weakly bullish but resistance at 0.6940

The British pound rallied significantly during the trading session only to give back the gains and form what could be an inverted hammer.

The Australian dollar has rallied a bit during the trading session on Friday, reaching towards the 200 day EMA.