Forex Daily Forecast, Analysis and Prediction

Last week’s transactions were harsh for the USD/JPY, as the pair collapsed towards the 104.34 support, the lowest level for more than a year

Amidst a move that confirms the extent of the GBP/USD price's thirst for a rebound, there was a strong upward rebound during last week's trading.

Despite the significant drop of the US dollar during last week’s trading, the price of gold could not benefit, except to move towards the $1932 an ounce.

Bearish momentum dominated the opening of the DAX Index this morning, essentially opening the week of trading with a large gap lower and puncturing support levels.

AUD/USD: Bulls have slight advantage

BTC/USD: Room to rise much higher

Pakistan presently holds the 24th spot on the list of countries most-infected with Covid-19.

Most of the developed world struggles with an out-of-control second wave of the Covid-19 pandemic and a public tired of restrictions.

The USD/INR has traded higher the past week and broken through resistance levels with relative ease.

The South African Rand continued its strong bearish pace before going into the weekend.

The USD/MXN demonstrated more downside price action as the forex pair hit important support before going into the weekend.

GBP/USD: Pivotal support at 1.2975 / 1.3000

EUR/USD: Euro relatively strong against resurgent U.S. dollar

The S&P 500 initially pulled back during the trading session on Friday but looks as if it is trying to show signs of life again and rally.

The NASDAQ 100 has fallen a bit during the trading session on Friday, as we reached towards the 11,500 level yet again.