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 30, 2019.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of December 30, 2019 here.

Enjoy the few trading days this week with our forecast for major currency pairs here.

US Dollar weakness is accelerating, and the trend is anticipated to gain more momentum in 2020.

The Euro has rallied a bit during the trading session on Thursday as we came back from the Christmas break.

The Australian dollar has rallied a bit during the trading session on Thursday, breaking above the recent high and confirming that we are in fact ready to find buyers given enough time.

The S&P 500 rallied a bit during the trading session on Thursday as traders came back from the Christmas break.

The US dollar has rallied significantly during the trading session on Thursday as some traders will have come back from the Christmas holiday to start placing orders again.

The NASDAQ 100 rallied significantly during the trading session on Thursday considering that there was almost nothing out there as far as volume or news.

The British pound rallied significantly during the trading session on Thursday, breaking above the 1.30 level during the US session.

Natural gas markets rallied significantly during the trading session on Thursday, using the $2.20 level as a springboard.

The bitcoin markets rallied slightly during the trading session on Thursday, reaching towards the 7400 level.

The West Texas Intermediate Crude Oil market has rallied again during the trading session on Thursday, as we continue to reach towards the highs of the overall consolidation area.

Gold markets have rallied a bit during the trading session on Thursday, as traders came back from Christmas.

With the expected return of volatility and a risk-off period, safe-haven assets will be in demand.