Forex Daily Forecast, Analysis and Prediction

Yen strengthening on risk-off sentiment.

Indian Prime Minister Modi announced a $266 billion stimulus package, approximately 10% of GDP, to revive the stalled economy.

Support holding.

Pound up on better than expected GDP data

Persistent buying below 1.08007

While US President Trump claims new Covid-19 infections across the country are falling rapidly, his task force, led by Vice President Pence, contradicts those claims.

A global race to built a TTI infrastructure, referring to test, trace, and isolate, has emerged.

Australian consumer sentiment for May recovered due to gradual easing of lockdown measures, but extreme caution is warranted.

Silver markets went back and forth during the trading session on Tuesday as we continue to see a lot of hesitation in the market.

Gold markets have rallied a bit during the trading session on Tuesday but did not hang on to all of the gains.

The West Texas Intermediate Crude Oil market has rallied a bit during the trading session on Tuesday, as we continue to test the 50 day EMA.

The Bitcoin market initially pulled back just a bit during the trading session on Tuesday after the long-awaited halving on Monday.

Australian consumer sentiment for May recovered due to gradual easing of lockdown measures, but extreme caution is warranted.

At the beginning of this week’s trading, despite the gloomy US job numbers, the price of the EUR/USD currency pair fell back to the 1.0800 psychological support area ​​again

After the markets absorbed the US jobs numbers for April, which were announced last Friday, the markets will monitor the reaction from the announcement of inflation figures