Forex Daily Forecast, Analysis and Prediction

Gold: The Precious Metal Remains Glittering At New Highs

India’s economy is under significant stress related to the global Covid-19 pandemic.

New Zealand appears to have the Covid-19 pandemic contained, with isolated cases over the past few weeks.

The South African Rand continues to exhibit a tight consolidated range.

GBP/USD: Pivotal point at 1.2400

DAX Index: Patience, A Good Virtue For Equity Index Buyers

USD/BRL: Brazilian Real Has Appeared Vulnerable Recently

The Pakistani Rupee is trading near important short term resistance against the US Dollar and speculators may suspect it is time to search for a reversal.

USD/INR: Indian Rupee Continues To Wage Resistance Battle

EUR/USD: Bearish consolidation pattern

The silver market shot straight up in the air after the initial struggle early in the trading day.

The US dollar has rallied initially against the Brazilian Real during the trading session on Tuesday, as we continue to test the 5.50 Real level.

WTI Crude Oil: Speculators Breathing Easier In Energy Sector

The West Texas Intermediate Crude Oil market rallied slightly during the trading session on Tuesday as we continue to grind towards the $40 level.

Gold markets initially pulled back a bit during the trading session on Tuesday but then turned around to show signs of strength again.