Forex Daily Forecast, Analysis and Prediction

The Australian dollar continues to go back and forth around the 0.65 level, which is an area that should attract a lot of attention.

The S&P 500 went back and forth during the trading session on Monday, as the market has gotten far ahead of itself

BTC/USD: Support holding

GBP/USD: Moving in big swings

USD/JPY: Support at 107.34 looks pivotal

EUR/USD: Former support at 1.0814 has been invalidated

Silver markets have gone back and forth during the trading session on Monday, testing the $16.00 level, an area that of course is a major barrier.

The US dollar has rallied significantly during the trading session on Monday against most currencies, including the Indian rupee.

Gold markets have been somewhat choppy during the trading session on Monday, as we continue to see a lot of back-and-forth trading within the larger symmetrical triangle.

The West Texas Intermediate Crude Oil market try to rally initially during the trading session on Monday but pulled back from the 50 day EMA.

Australia moved the timetable to ease the nationwide lockdown forward by several months, despite elevated risks for a potential second wave of Covid-19 infections.

New Zealand’s 2020 budget will fulfill a critical role as it is likely to shape the future of the country for decades to come.

After Japan implemented an unprecedented ¥117.1 trillion stimuli in response to the Covid-19 pandemic, the Abe government is considering additional steps

American job figures in the Coronavirus era completed the bleak picture for the US economy, and increased pressure on the US currency, and therefore it was natural for markets to push the USD/JPY price towards the 105.98 support.

The call to open the world economy did not prevent the price of gold from maintaining its gains near its highest level in more than seven years.