Forex Daily Forecast, Analysis and Prediction

Since late July the USD/CHF has traded within a protracted range largely between 0.90500 and 0.92400.

After touching resistance near the 9.15000 level on the 25th of September as risk-averse trading reached an apex, the USD/SEK has resumed its bearish trend and is making quick work of support levels in its way.

The USD/ZAR has been able to maintain its bearish stance the past few days of trading.

The past month of trading in the USD/INR has taken on an intriguing speculative flavor.

Mexico attempts to move forward while the Covid-19 pandemic remains a dominant depressor for consumer activity due to joblessness.

Brazil maintains a high number of Covid-19 cases, but the overall trend shows a gradual slowdown when more countries report an uptick in confirmed infections.

The NASDAQ 100 has gapped higher to kick off the trading session on Monday, reaching towards the middle of that massive candlestick from Friday.

The S&P 500 has rallied a bit during the trading session on Monday, breaking towards the 3400 level.

AUD/USD: RBA signals upcoming rate cut

USD/JPY: Pivotal point at 105.81

The Australian dollar rallied just a bit during the trading session on Monday again, as we continue to dance around the 50 day EMA.

The British pound continues to struggle yet again at the exact same place it has for several weeks, in the form of the 1.30 level.

The Euro rallied significantly during the trading session on Monday, testing the bottom of a trend line that had recently been important.

BTC/USD: Bought at $10k yet no real bullish momentum

GBP/USD: Pivotal point at 1.2906