Forex Daily Forecast, Analysis and Prediction

Despite the uprising of the dollar after its collapse to its lowest in two years, bears maintained the strongest control over the USD/JPY performance

The US dollar strength contributed to the price of an ounce of gold giving up its highest level in two weeks, when it had tested the resistance $1992 level

Ahead of anticipated comments from the Governor of the Bank of England later on Wednesday, the GBP/USD pair gave up its highest levels

AUD/USD: Price more likely to reach 0.7292 soon

USD/JPY: Yet bulls face obstacles below 106.41

BTC/USD: Support at $11,557 looks pivotal today

GBP/USD: Pound is still relatively strong

EUR/USD: New resistance levels below 1.2000

The USD/BRL has produced a bearish trend the past week of trading and yesterday’s rather consolidated trading without any sudden reversals higher

Volatile price action late last week and early this week in the USD/INR has caused hectic trading days for speculators.

The USD/ZAR has largely seen a bearish trend develop the past three weeks of trading.

The USD/PKR has proved once again that trading the forex pair can be a dangerous affair when you are on the wrong side.

Despite Mexico approaching 600,000 Covid-19 infections and having the fourth-highest death toll, President López Obrador claims his country weathered the pandemic better than most countries.

Amid the global Covid-19 pandemic, where many countries prepare for a second infection wave, the Singapore business community is alarmed by the growing protectionist moves by the government.

The Euro initially shot higher during the trading session on Tuesday, reaching towards the 1.20 level.