Forex Daily Forecast, Analysis and Prediction

Silver markets initially drifted a bit lower during the trading session on Tuesday only to turn around and reach towards the 50 day EMA again.

The West Texas Intermediate Crude Oil market has rallied a bit during the trading session on Tuesday, as we reached towards the 50 day EMA

Gold markets initially fell during the trading session on Tuesday but found enough buyers to turn around again.

The US dollar initially tried to rally during the trading session on Tuesday but fell again, to reach down towards the ¥104.50 level.

The Australian dollar has rallied during the trading session on Tuesday, to reach towards the 50 day EMA yet again

Gold: Ignore the consolidating triangle pattern

For three trading sessions in a row, gold prices are moving in a limited range between $1892 and $1910 an ounce, where it is stable around at the time of writing.

The EUR/USD traded on the same performance as last week’s, stabile above the 1.1800 resistance in an attempt to complete the upward correction path

Despite the USD strength against the rest of other major currencies, it remained under downward pressure against the Japanese yen.

A state of cautious anticipation dominates the pound pairs, awaiting a positive development on the ground for the possibility of agreement between the European Union and Britain

South Africa may reintroduce several lockdown restrictions to slow the second wave of the Covid-19 pandemic amid a rise in community transmissions.

India recorded its lowest new daily Covid-19 infection tally in over three months, dropping below 40,000.

BTC/USD: Long-term bullish trend

The old saying what goes up must come down may not apply to the Argentine Peso.

Volatility has emerged within the USD/SGD as risk appetite is being confronted by the notion caution needs to be practiced.