Forex Daily Forecast, Analysis and Prediction

The NASDAQ 100 has pulled back during the previous Globex session to show signs of weakness and an attempt to reach down towards the 11,500 level.

The Bitcoin market has gone back and forth during the course of the trading session on Thursday, as we continue to see a lot of volatility when it comes to the idea of whether or are not getting some type of stimulus coming out the United States.

The silver markets have gone back and forth during the trading session on Thursday, as we continue to see the markets look for solutions to whether or not we are going to get some type of stimulus

The West Texas Intermediate Crude Oil market has rallied a bit during the trading session on Thursday, as we continue to go back and forth in trying to find some type of momentum

The Australian dollar initially pulled back a bit during the trading session on Thursday, dipping below the 0.71 handle.

The US dollar rallied a bit during the trading session on Thursday, as it looks like we are going to go looking towards the ¥105 level.

Gold markets fell during the trading session on Thursday, slicing through the $1900 level one point before bouncing a bit.

Investors' giving up the US currency temporarily contributed to an upward rebound in the EUR/USD, to the 1.1880 resistance, its highest level in more than a month, before settling around 1.1845 at the time of writing.

Gold prices attempts to rebound during yesterday's trading session culminated in testing the resistance at $1932 an ounce.

By more than 200 points, the GBP/USD pair recorded sharp gains during yesterday's trading session, as it retreated from the 1.2937 support to the 1.3176 resistance before the pair stabilized around 1.3130 at the time of writing.

In recent USD/JPY technical analysis, we noted that the limited and narrow movement within price limits for several trading sessions in a row heralds an upcoming strong move.

South Africa starts to witness a gradual rise in new Covid-19 infections as the world struggles with a more violent second wave.

While the second Covid-19 infection gathers pace and on course to place a significantly larger strain on healthcare systems, Tarun Bajaj, the Economic Affairs Secretary of India, confirmed that the government is open to another stimulus program.

The EUR/USD has resumed its rather strong bullish momentum the past two days and is challenging important resistance levels.

The USD/BRL continues to traverse within the higher boundaries of a rather consolidated range.