Forex Daily Forecast, Analysis and Prediction

The US dollar initially tried to rally on Friday but pulled back from the crucial 16 rand level.

The US dollar initially plunged on Friday as it continued to lose ground against the Mexican peso.

Bitcoin initially rallied on Friday but gave back the gains in order to form up an inverted hammer, which could give us a little bit of a clue as to what is about to happen.

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.

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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