Forex Daily Forecast, Analysis and Prediction

Overconfidence while trading can be dangerous and produce staggering losses against a trader.

Before the COVID-19 pandemic forced the global economy into a recession, the labor market in South Africa was depressed.

India watched from the sidelines as the world's largest trade deal was signed.

The US dollar broke down against the Japanese yen during the trading session on Friday, breaking down significantly below the ¥105 level.

The Australian dollar rallied during the trading session on Friday, breaking back above the 0.7250 level.

The Bitcoin market has fluctuated during the trading session on Friday, as we have broken above the $16,000 level.

The NASDAQ 100 pulled back slightly to kick off the trading session on Friday, but then turned around to reach towards the 12,000 level.

The S&P 500 initially pulled back during the trading session on Friday, but then turned around and went to the upside.

Gold markets rallied during the trading session on Friday, breaking above the highs of the previous three sessions from the week.

Silver markets rallied significantly during the trading session on Friday, breaking above the 50-day EMA in a push higher.

The West Texas Intermediate Crude Oil market fell slightly during the trading session on Friday, breaking well below the 200-day EMA.

The euro rallied during the trading session on Friday, reaching towards the top of the candlestick from the previous days of the week.

The British pound rallied during the trading session on Friday, bouncing from the 1.31 handle.

Pound one of the strongest major currencies now.

Area at 1.1859 looks pivotal.