Forex Daily Forecast, Analysis and Prediction

Britain is expanding its COVID-19 booster vaccine program to millions more people as part of efforts to tackle the spread of the new omicron variant, which is feared to be more contagious and resistant to vaccines.

The USD/BRL has traded slightly higher since the 25th of November, but it remains below values achieved only a couple of days before on the 23rd.

There is plenty of room to fall.

The USD/INR has broken through short-term resistance and climbed higher as nervous trading sentiment grips Forex globally.

SHIB/USD remains the speculative darling for many cryptocurrency traders attracted to its incremental and fast-paced trading environment.

ADA/USD is trading near crucial support levels as its price slide has seemingly gained momentum, and is now producing important mid-term lows.

XRP/USD has slumped the past few weeks after hitting a mid-term high on the 11th of November, and important support is now within sight.

DOGE/USD remains within the grips of a rather strong bearish trend and speculators who have a bullish mindset are having their stamina tested.

ETH/USD began the month of November continuing its solid bullish streak upwards and created all-time price values, but since accomplishing the highs, Ethereum has trended lower.

Bitcoin appears ready to begin trading below the 60,000.00 USD mark as December gets underway, and the potential for massive volatility is abundant.

The FTSE 100 gapped higher on Monday, but pulled back a bit to reach towards the 7050 level, only to turn around and show signs of strength again as we closed near the 7150 handle.

The British pound went back and forth in rather choppy trading on Monday as the market continues to hug the $1.33 level.

The euro gapped a bit lower on Friday, as we saw a little bit of a short squeeze during low volume on Friday.

Gold markets rallied a bit during the early part of the trading session on Monday, only to give up gains and go looking towards the uptrend line.

The Australian dollar struggled a bit as we initially tried to rally on a gap higher on Monday, only to turn around and fall.