Forex Daily Forecast, Analysis and Prediction

The British pound initially pulled back during the trading session on Tuesday but found enough support underneath the turn around and rally.

The Euro went back and forth during the trading session on Tuesday, forming a “long-legged doji”, which shows extreme volatility yet extreme uncertainty.

The Australian dollar initially pulled back a bit during the trading session on Tuesday but then found buyers to turn around and reach towards the 0.69 level.

The US dollar has rallied a bit during the trading session again on Tuesday, breaking slightly above the highs from the trading session on Monday.

Sweden faced severe criticism for not imposing a strict nationwide lockdown, arguing it is not necessary.

The month of June provided choppy trading for the USD/NOK currency pair.

AUD/USD: No decisive breakthrough yet

The Swiss Franc has enjoyed a very public display of love from investors who believe the currency is very stable and its central bank is governed properly.

USD/JPY: More bearish on deteriorating risk sentiment

BTC/USD: Awaiting breakout from $9,233 - $9,015 range

Mexico is on the verge of becoming the tenth most infected Covid-19 country, overtaking Iran, and could surpass Italy by the end of this week as the ninth.

Gold: The Precious Metal Remains Glittering At New Highs

India’s economy is under significant stress related to the global Covid-19 pandemic.

New Zealand appears to have the Covid-19 pandemic contained, with isolated cases over the past few weeks.

The South African Rand continues to exhibit a tight consolidated range.