Forex Daily Forecast, Analysis and Prediction

The West Texas Intermediate Crude Oil market fell during a large portion of the day, but it is also worth noting that we continue to find buyers near the $70 level.

The GBP/USD pair declined on Monday morning as the number of COVID-19 cases in the UK continued.

The EUR/USD pair continued declining on Monday as investors focused on last week’s decisions by the European Central Bank (ECB) and the Federal Reserve.

The AUD/USD retreated in the morning session on Monday as investors reflected on the recent interest rate decisions by the Federal Reserve and the Reserve Bank of Australia (RBA).

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The FTSE 100 has gapped higher to kick off the session on Thursday but did struggle a bit towards the top of the range, as we stopped right at the 7275 level.

The Euro rallied a bit on Thursday as Christine Largarde suggested that the economy could come roaring back next year.

The British pound has rallied a bit during the course of the trading session on Thursday but has given up about half of the gains.

The S&P 500 initially rally during the trading session on Thursday, but then sold off quite drastically.

The NASDAQ 100 has initially tried to rally during the day on Thursday to continue the recovery that kicked off on Wednesday after the FOMC meeting.

Gold markets have rallied significantly during the trading session on Thursday to reach towards the 200 day EMA.

Silver markets have had a big day on Thursday to reach towards the $22.50 level.

The Bitcoin market has fallen just a bit during the trading session on Thursday as we continue to trade back and forth overall.