Forex Daily Forecast, Analysis and Prediction

The US dollar fell on Friday as we continue to plunge to the bottom of what has been a major uptrending channel against the Swiss franc.

The S&P 500 pulled back in a shortened session on Friday as we continue to see a line of choppy behavior in the face of a serious lack of liquidity.

The AUD/USD pair tilted lower on Monday as concerns about the Covid-19 pandemic in Australia rose.

The EUR/USD pair drifted upwards on the first trading day of the year.

The BTC/USD pair had a sluggish start of the year as the demand for Bitcoin remained low.

Get our trading strategies with our monthly & weekly forecast of currency pairs worth watching using support & resistance for the week of January 3, 2022.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of January 3, 2021 here.

Start the week of January 3, 2022 with our Forex forecast focusing on major currency pairs here.

Sudden Jump Higher After Vital Mid-Term Lows Touched

Negative Price Trend Still Shadowing Speculators

Trend Likely Causing Nervousness Among Speculators

Sudden Downturn Confronting Crucial Support Levels

Downturn May Spark Concerns for Some Speculators

Trend Remains Ugly as Crucial Lows Get Contested

WTI Crude Oil has experienced choppy trading as nervous sentiment has stirred the value of the commodity, but as January approaches the trend higher is solid.