Forex Daily Forecast, Analysis and Prediction

Bitcoin has exploded to the upside of the weekend in thin trading as the Chinese President suggested that crypto currency was in fact a viable alternative for transactions.

Natural gas markets gapped higher to kick off the week on Monday, and then eventually broke above the 200 day EMA.

Gold markets have fallen a bit during the trading session on Monday, crashing into the 50 day EMA.

After the cryptocurrency market received a strong bullish momentum boost from Bitcoin’s 4th best daily performance on record last week,

UK Prime Minister Boris Johnson lost yesterday’s Parliament vote for a snap election on December 12th 2019, but he will try again today.

USDCAD: Bottoming out above 1.3045?

USDCHF Analysis: Weakly bullish above 0.9940

GBPUSD: A little more bullish on Brexit extension

EURUSD: Consolidating between 1.1063 and 1.1121

With the global economy on recession watch, the oil market has been largely depressed which is posing a headwind for the Canadian Dollar;

After the breakdown below its resistance zone, the AUD/USD approached its 50.0 Fibonacci Retracement Fan Support Level before reversing.

For the eight trading sessions in a row, USD/JPY stabilized between the 108.24 support and the 108.93 resistance, as shown

The failure to pass the latest Brexit agreement between Boris Johnson and the EU through the British House of Commons further complicated the Brexit outlook

After weeks later, the EUR/USD pair corrected up to 1.1179, the pair's highest resistance in more than two months,

Gold prices rose back to the $1518 resistance by the end of last week's trading, the highest level in a month