Forex Daily Forecast, Analysis and Prediction

The British pound shot straight up in the air during the trading session on Monday,

The West Texas Intermediate Crude Oil market continues to do very little as far as a range is concerned, as we have been dancing around the $40 level.

Silver markets have initially fallen during the trading session on Monday, only to turn around and rally a bit.

GBP/USD: Relatively high volatility

Gold markets have initially dipped during the trading session on Monday but found enough buyers underneath the turn things around and show signs of life.

EUR/USD: Resistance at 1.1688 looks pivotal

The USD/INR has produced a solid mid-term bearish trend, but the past week of trading has seen consolidated movement and a breakout higher.

Technical traders have been challenged by a wide range within the USD/SGD the past five days.

Mexico failed to contain the first wave of Covid-19 infections, while many countries witness a surge in new confirmed cases.

Switzerland remains more resilient to the Covid-19 pandemic than other economies in Europe

he downward momentum is still dominating the EUR/USD performance at the beginning of an important week as markets await US job numbers.

GBP/USD performance may continue to witness a state of volatility and instability amid the continuation of the recent downward pressure.

The recent sales of the yellow metal price succeeded in breaking the upward trend of the gold price during last week’s trading.

After six trading sessions in a row, the USD/JPY attempted a bullish correction, gains stalled around the 105.69 resistance before stabilizing around 105.39.

There will be a real threat to the bulls' control in the event that the pair moves towards the $10,000 support and stabilizes below it