Forex Daily Forecast, Analysis and Prediction

Renewed Brexit talks boost European currencies.

The West Texas Intermediate Crude Oil market pulled back during the trading session on Friday as we headed into the weekend.

The US dollar fell a bit during the trading session on Friday to break down below the ¥104 level, but we have recovered that level yet again.

The Australian dollar initially shot higher during the trading session on Friday as we continue to see a move to the upside.

The NASDAQ 100 fell a bit during the trading session on Friday as traders continue to worry about stimulus coming out the United States.

The S&P 500 initially fell during most of the trading session on Friday, but as the rest of the world left the trading to the Americans on their own, they started buying up everything and turned things around to form a hammer.

Silver markets fell initially during the trading session on Friday, reaching down towards the $23.50 level, but turned around to show signs of support again.

The gold market initially fell during the trading session on Friday to reach down towards the 200-day EMA yet again.

The Bitcoin market fell again during the trading session on Friday as we have seen a bit of a boost in the US dollar.

The euro initially tried to rally during the course of the session on Friday but gave back the gains as we continue to see negativity surrounding the Brexit talks.

The British pound broke down significantly during the trading session on Friday to slice below the 50-day EMA.

Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of December 14, 2020.

Start the week of December 14, 2020 with our Forex forecast focusing on major currency pairs here.

Start the week of December 14 with our Forex forecast focusing on major currency pairs here.

Brazil remains the third-most infected country with COVID-19 with the second-highest death toll.