Forex Daily Forecast, Analysis and Prediction

Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of December 21, 2020.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of December 21, 2020 here.

Start the week of December 21, 2020 with our Forex forecast focusing on major currency pairs here.

The NASDAQ 100 has rallied significantly again during the trading session on Thursday in what looks to be like a never ending pursuit of the stratosphere.

The S&P 500 has broken higher during the trading session on Thursday, reaching above the 3700 level.

The Australian dollar has rallied again during the trading session on Thursday, as the US dollar has gotten hammered.

Bitcoin shot straight up in the air during the trading session on Thursday, as we continue to see the US dollar get hammered.

The US dollar has gone back and forth against the Indian rupee over the last week or so, as we hover around the ₹73.51 level.

The Euro exploded to the upside during the trading session on Thursday, as we continue to see the US dollar get battered on stimulus hopes.

The British pound broke to the upside during the trading session on Thursday, breaking above the 1.35 handle as we continue to get somewhat positive comments

The German index has rallied again for the third day in a row on Thursday, as it looks like we are ready to go higher.

The West Texas Intermediate Crude Oil market has rallied a bit during the trading session on Thursday, as we continue to see the market reach towards the crucial $50 level.

Gold markets rallied significantly during the trading session on Thursday, reaching towards the $1900 level before pulling back.

The GBP/USD surpassed its highest levels since April of 2018.

The increasing pressure on the US dollar gives the EUR/USD an opportunity to continue achieving stronger gains.