Forex Daily Forecast, Analysis and Prediction

Bitcoin markets continue to show negativity in general, as the crypto currency markets overall have seen a lot of selling pressure.

For three trading sessions in a row, the EUR/USD price is moving in an upward correctional performance with gains reaching 1.1090 resistance,

British political parties are stepping up their campaigns to attract the largest number of supporters to win the country's early elections on Dec. 12

The decline of the US dollar and weaker investor risk appetite pushed the price of gold to return to gains at the $1464 resistance after trying to drop

On the daily chart below, it seems clear that the USD/JPY is trying to avoid reaching the 108.00 support so as not to confirm the breach of the general bullish trend.

NZDUSD: Bulls losing momentum

AUDUSD: Very pivotal point at 0.6822

USDJPY: Ranging price action

Bitcoin: Double bearish price channels continue

Produce prices for the third-quarter out of New Zealand came in higher than expected, but remain at low levels

After a strong corrective phase, the EUR/TRY started to stabilize as it reached its support zone.

As Bitcoin continues to drag down the cryptocurrency market and is con the verge of a breakdown below the $8,000 level,

RBA minutes from the November policy meeting were released during the Asian trading session but had no material impact on the Australian Dollar.

USDCAD: Weakly bearish below 1.3200

USDCHF Analysis: Bullish double bottom formation at 0.9873?