Indonesia has a comparably low Covid-19 infection count with 529 confirmed cases per 1,000,000, but total testing capacity remains insufficient with just 6,991.
Technical Analysis
The following are the most recent pieces of Forex technical analysis from around the world. The Forex technical analysis below covers the various currencies on the market and the most recent trends, technical indicators, as well as resistance and support levels.
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Mexico started to witness a gradual decrease in new daily Covid-19 infections but is distant from claiming control over the pandemic.
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GBP/USD: Finding support at 1.3072?
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EUR/USD: Support at 1.1827 looks pivotal
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The gold markets have broken down significantly during the trading session on Wednesday, slicing through the $2000 level.
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The S&P 500 has gone back and forth during the trading session on Wednesday as we are essentially killing time at high levels.
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Bitcoin markets have pulled back again during the trading session on Wednesday, as we have seen a continuation of selling on Tuesday.
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The silver markets have pulled back significantly during the trading session on Wednesday, after a nice recovery from the massive selloff that had happened last week.
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The NASDAQ 100 has pulled back just a little bit during the trading session on Wednesday, but there is not much out there to be concerned about right now, at least not anything more than we had previously worried about.
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The US dollar has initially fallen against the Japanese yen to continue the downtrend during the trading session on Wednesday but has reversed course to reach towards the ¥105.75 level.
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The British pound has pulled back rather significantly during the trading session on Thursday, as we may have gotten a bit ahead of ourselves.
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The Euro initially tried to shoot higher during the trading session on Wednesday but has pulled back a bit to show signs of exhaustion above the 1.19 level.
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The West Texas Intermediate Crude market did fall initially during the trading session on Thursday but recovered after several OPEC oil ministers had positive comments for the outlook when it came to demand for the product.
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The Aussie dollar initially rallied again during the trading session on Wednesday but gave back the gains in order to form a less than desirable candle.
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