Forex Daily Forecast, Analysis and Prediction

The USD/SGD has broken through support levels with solid bearish momentum again, but experienced traders may suspect a reversal is due.

Bitcoin/USD: Benefiting greatly from decline of USD

USD/JPY: Bearish momentum that might break the 105.00 level

AUD/USD: Temporary pause of the uptrend.

GBP/USD: Gains awaiting stimulus.

EUR/USD: Where to find the buying opportunity?

Paulo Guedes, the Minister of the Economy of Brazil, reiterated views that the country will face one or two more challenging months due to the Covid-19 pandemic.

India remains under significant economic stress provided by the Covid-19 pandemic.

The Euro has rallied a bit during the trading session on Tuesday as we reached towards the 1.19 level yet again.

The Australian dollar has rallied during the trading session on Tuesday, breaking to a fresh high again, but gave back the gains towards the end of the session.

The NASDAQ 100 has gone back and forth during the trading session on Tuesday as we continue to see a lot of money being thrown into the marketplace overall.

The US dollar has fallen a bit during the trading session on Tuesday against the Japanese yen, as we continue to see a lot of noise.

The S&P 500 pulled back initially during the trading session on Tuesday but gained a bit more than some of the other bigger ones that I follow, most specifically the NASDAQ 100.

The British pound has rallied significantly during the training session on Tuesday, reaching towards the highs from last week, but failed to break above there.

Gold markets shot higher again during the trading session on Tuesday, gapping to the upside right away, pulling back to fill that gap, and then shooting straight up into the air again.