Forex Daily Forecast, Analysis and Prediction

Unlike most of its developed counterparts, New Zealand has control over the COVID-19 pandemic, similar to Singapore.

For three trading sessions in a row, the EUR/USD pair stabilized around and above the 1.2000 psychological resistance.

For the second month in a row, the British pound continues to achieve gains from optimism regarding a Brexit trade deal.

The price of gold surprisingly moved higher during yesterday's session.

For three trading sessions in a row, the USD/JPY currency pair has been trying to correct higher.

Yesterday, the GBP/USD broke the strong 1.3400 resistance point after reaching it several times.

The AUD/USD went up at the beginning of trading today, following comments by the Australian Central Bank's Governor after a day of fixing interest rates, in which he said he expected strong economic growth.

Price still seems unlikely to break $20k yet.

2.5-year high price is well above 1.2000.

The S&P 500 had an explosive session during the trading day on Tuesday as it continues to press all-time highs.

Gold markets are looking strong after breaking above the 200-day EMA again on Tuesday, and after the US dollar got absolutely hammered.

Silver markets rallied significantly during the trading session on Tuesday, reaching towards the 50-day EMA.

The West Texas Intermediate crude oil market pulled back a bit during the trading session on Tuesday, as we wait to see whether or not OPEC will continue production cuts.

The NASDAQ 100 broke out during the trading session on Tuesday as the US dollar has gotten absolutely hammered.

The euro broke above the 1.20 level during the trading session on Tuesday as a major barrier has now been broken through.