Forex Daily Forecast, Analysis and Prediction

There is a new and exciting move by bulls towards the EUR/USD pair, as it rose towards the 1.1965 resistance, its highest level in two years, before settling around the 1.1930 at the time of writing.

The continued USD losses allowed gold prices to return to stability above the $2000 psychological and historical resistance.

For the fifth day in a row, the GBP/USD is moving in an upward correction, taking advantage of the dollar's decline and some cautious optimism in the markets over the resumption of Brexit talks.

AUD/USD: Price breaks above pivotal 0.7250 area

For four trading sessions in a row, the USD/JPY was under downward pressure that pushed it towards the 105.28 support before settling around 105.33 at the time of writing

USD/JPY: Yen stronger today

While the tight trading range of the USD/INR persists, it also is presenting traders who know how to place limit orders an opportunity to take advantage of its current values.

Yesterday saw the DAX Index begin to challenge new highs around the 13040.000 juncture, but then get hit by profit-taking as afternoon trading progressed.

After approaching what has proven to be rather solid resistance yesterday again, the USD/BRL did see a slightly bearish trading emerge.

BTC/USD: More bearish below $11,600

It is important while trading to always remember past results do not guarantee what is going to take place in the future.

GBP/USD: New 1-year high price

Spain, Italy, Germany, France, and Sweden are the five most infected Covid-19 countries in the European Union.

Pressure on the South African government of President Cyril Ramaphosa is mounting to push through necessary long-term reforms.

Silver markets initially pulled back a bit during the trading session on Tuesday but then found enough buyers to turn around and break above the $28 level.