Forex Daily Forecast, Analysis and Prediction

The West Texas Intermediate crude oil market initially pulled back a bit during the trading session on Wednesday as we continue to see a lot of choppiness in this market.

Bitcoin goes marching on into 2021.

The price is ascending in a bullish price channel.

The Brazilian real is traversing a dangerous value range.

Gold futures fluctuated during recent trading sessions as the yellow metal struggled to find a tangible trend during a quiet trading week.

After five trading sessions in a row, during which the USD/JPY tried to bounce back up, the pair resumed its downward movement and stabilized around the 103.33 support.

Investors have recently abandoned the US dollar as a safe haven, which coincides with the strong rise in the coronavirus cases and the beginning of global vaccinations, as well as Trump's reactions to the economic stimulus plans.

After any drop in the GBP/USD currency pair, Forex traders begin to think about buying.

The FTSE 100 has enjoyed an increase in value in the midst of the holiday season and it comes as no surprise.

The USD/ZAR has seen a slight reversal higher the past day of trading as resistance levels have been tested.

The USD/PKR is not a Forex pair that all speculators pursue.

Although light holiday trading is taking place in Forex, the USD/SGD has seen its bearish trend remain steadfast.

The AUD/USD pair rose as the Australian dollar jumped against its US counterpart during morning trading.

The Bitcoin markets fluctuated during the trading session on Tuesday in what continues to be an extended and stratospheric move.

The British pound initially rallied during the trading session on Tuesday, breaking above the 1.35 handle yet again.