Forex Daily Forecast, Analysis and Prediction

USD/JPY: Bank of Japan’s policy release had little impact

BTC/USD: Long-term buyers boost price in 2020

Reports that US President Trump and French President Macron called a truce in pending tariffs and taxes at the World Economic Forum in Davos, Switzerland,

UK Prime Minister Boris Johnson experienced his first defeat in Parliament.

Despite a global economic downgrade for 2020 by the IMF, the Swiss Franc failed to advance on the back of safe-haven demand.

Australia is suffering from a series of economic issues, with the bush fire crisis adding to an uncertain economic outlook

GBP/USD: Bearish trend line is suppressing the price

EURUSD: Weakly bearish below 1.1110

The EUR/USD attempts for a bullish correction during last week's trading did not achieve gains above the 1.1172 level, and with the European currency not getting more catalysts

The GBP/USD pair collapsed quickly to the vicinity of the 1.3000 psychological support in light of strong sales of the pair after a series of negative results for U.K economic releases,

The yellow metal ignored the strength of the US dollar amid purchases that pushed the price of gold towards the $1561 level an ounce.

For the second week in a row, the price of the USD/JPY pair continues its bullish correction, and gains were crowned by moving towards the 110.28 resistance

The S&P 500 has rallied a bit during the trading session on Friday, to close out the week on a positive foot.

Natural gas markets have broken down significantly during the trading session on Friday, peeking through the $2.00 level.

The West Texas Intermediate Crude Oil market did very little during the trading session on Friday as traders began to think about the three day weekend in the United States.