Forex Daily Forecast, Analysis and Prediction

The US dollar rallied a bit during the trading session on Friday against the Japanese yen, breaking above the hammer from the Thursday session.

Get the USD/CAD Forex signal for December 3, 2018 here.

Get the USD/CHF Forex signal for December 3, 2018 here.

Get the GBP/USD Forex signal for December 3, 2018 here.

Get the EUR/USD Forex signal for December 3, 2018 here.

The Euro continues to be very choppy during the month of November, testing the 1.13 handle but it does look as if it is trying to find a bit of support.

The British pound went back and forth over the last couple of weeks in November, but the one thing that you can see is that we are clearly pressing against major support underneath at the 1.27 level.

The British pound has broken down during the course of the month of November as the British pound continues to struggle.

The Australian dollar measured against the Swiss franc is a major way to express your risk appetite of global assets.

The US dollar has been rallying against the Canadian dollar as of late, reaching as high as 1.3250 late in November.

Gold prices settled at $1221.97 an ounce on Friday, suffering a loss of 0.12% on the week but making a gain of 0.57% over the month.

Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of December 2, 2018.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of December 2, 2018 here.

Check out our weekly Forex forecast focusing on major pairs to pay attention to during the week of December 2, 2018 here.

Gold prices ended Thursday’s session up $2.99 an ounce as the dollar fell on expectations that the U.S. central bank will go slow on interest rate hikes next year.