Forex Daily Forecast, Analysis and Prediction

With the global Covid-19 pandemic forcing permanent changes to existing business models and supply chains, some countries embrace it more than others.

Addressing the Clean Green Index Award Ceremony in Islamabad, Imran Khan, the Prime Minister of Pakistan, confirmed fears over the second wave of Covid-19 infections in urban centers, including Faisalabad, Lahore, Peshawar, Karachi, and Gujranwala.

AUD/USD: 0.7070 level looks like pivotal support

USD/JPY: Strong Japanese Yen

BTC/USD: Lots of room above $12,288 resistance level

GBP/USD: Price challenging 1.3000

EUR/USD: New 1-month high prices

The Euro has rallied significantly during the trading session on Tuesday, reaching towards the 1.1850 level, which is also the previous uptrend line being tested again.

The NASDAQ 100 has gone back and forth during the trading session on Tuesday.

The S&P 500 as gone back and forth during the trading session on Tuesday, as the 3400 level underneath is going to continue to be support.

The British pound has gone back and forth during the trading session on Tuesday, as we continue to see a lot of questions when it comes to where we are going next.

The Bitcoin market has rallied again during the trading session on Tuesday, reaching towards the $12,000 level.

The US dollar rallied a bit during the trading session on Tuesday, reaching towards the 50 day EMA

The Australian dollar initially fell during the trading session on Tuesday, reaching down towards the crucial 0.70 level.

The West Texas Intermediate Crude Oil market initially pulled back just a bit during the trading session on Tuesday but found a bit of buying later in the day