Forex Daily Forecast, Analysis and Prediction

Get the GBP/USD Forex signal for December 12, 2018 here.

Get the EUR/USD Forex signal for December 12, 2018 here.

The WTI Crude Oil market rallied a bit during the trading session on Tuesday again, using the bottom of the symmetrical triangle that we are in to find support.

The US dollar broke down a bit during the trading session on Tuesday, reaching towards the 20.1665 level, touching the uptrend line of the rising wedge that I have marked on the chart.

The US dollar initially dipped lower during the day on Tuesday, but then turned around to rally again.

The S&P 500 was very noisy during the trading session on Tuesday, as we broke above the top of the hammer from Monday, which typically is a very bullish sign.

The Euro initially tried to rally during trading on Tuesday but broke down from the 1.14 level to test the bottom of a symmetrical triangle that we are currently involved with.

Gold prices ended a choppy, two-sided trading session slightly lower on Tuesday as a recovery in global stock markets dented the appeal of safe haven assets.

Get the NZD/USD Forex signal for December 11, 2018 here.

Get the AUD/USD Forex signal for December 11, 2018 here.

Get the USD/JPY Forex signal for December 11, 2018 here.

Get the BTC/USD Forex signal for December 11, 2018 here.

The Euro initially rallied during the trading session on Monday but found enough resistance at the 1.1450 level to turn things around and fall apart.

The US dollar was very choppy during trading on Monday as traders came back to work.

The US dollar initially fell during the trading session on Monday but bounced from a major trendline that I have been following, breaking to the upside and above the ¥113 level.