Forex Daily Forecast, Analysis and Prediction

The US dollar has initially fallen during the trading session on Thursday, to reach down towards the crucial ¥105 level.

Gold markets have gone back and forth during the trading session on Thursday, with a slightly negative twist.

Investors demand to buy the USD as a safe haven, amid a violent second Coronavirus wave.

Today is an important day strongly influencing the global financial markets in general, and the forex currency market in particular.

The recent state of optimism for the possibility of reaching an agreement between the European Union and Britain on the future of their relations

During yesterday's trading session, gold prices fell sharply in light of the strong interest of investors to buy the US dollar after talks failed to approve more plans to stimulate the US economy.

USD/JPY: Price threatening multi-month low at 104.00

BTC/USD: Pivotal point at $13,485

India crossed the 8,000,000 Covid-19 infection threshold while Prime Minister Narendra Modi assured all Indians would receive a vaccine.

South Africa experiences a gradual increase in new Covid-19 infections as the second wave spirals out of control in Europe and the US,

The Brazilian Real has lost further ground to the USD in recent trading.

The Japanese Yen is reacting with bearish momentum against the EUR as investors seek its safe haven status.

The USD/SGD is trading near important resistance after experiencing a strong wave of nervous sentiment within forex yesterday.

The USD/PKR continues to burst through vulnerable support levels, even as most global trading has taken on a rather nervous attitude.

GBP/USD: Weakly bearish