Forex Daily Forecast, Analysis and Prediction

The BTC/USD continues to be dead money, as we are simply trading in a very tight range.

The gold market has rallied a bit during the trading session on Friday, as we continue the threaten the crucial $1800 level.

The EUR/USD has gone back and forth during the trading session on Friday as we continue to ask serious questions of the 1.06 level.

The GBP/JPY rallied a bit during the trading session on Friday, as we continue to see upward pressure overall.

The GBP/USD rallied a bit during the trading session on Friday, even though inflation numbers in the United States came out a little bit hotter than anticipated.

The AUD/USD rallied a bit during the trading session on Friday, as we reached the 200-Day EMA area yet again.

My previous EUR/USD signal on 24th November was not triggered, as the bullish price action took place just below $1.0406.

The EUR/USD will begin trading near the 1.05325 price range when the markets open on Monday.

The GBP/USD went into the weekend near the 1.21650 mark, which is a lower value than the previous week’s finish.

This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.

The difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week and in which direction, and not on the exact methods you might use to determine trade entries and exits.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of December 11th, 2022 here.

The USD/INR rallied a bit during the trading session on Wednesday, to break above the ₹82.50 level, before attempting to do the same thing on Thursday.

The S&P 500 rallied a bit during the trading session on Thursday but seems to be struggling to hang onto the gains.

The NASDAQ 100 has rallied a bit during the trading session on Thursday as we are trying to recapture the 50-Day EMA.